ShipChain has launched its blockchain-based Track and Trace platform, which allows shippers to view specific details of their freight, identify potential bottlenecks and improve operations on a continuous basis.
The platform works by unifying shipment tracking on the Ethereum blocking, and using a sidechain to track individual encrypted geographic waypoints across each smart contract.
There are several additional components to this system which are now fully live and operational, including:
Axle: The Hardware Gateway
Transmission: A REST API to interface with the Public Ethereum blockchain
Engine: The Driver of Transmission
Instead of relying on exclusionary in-house specific blockchain systems, Track and Trace leverages existing systems and connection point to build the blockchain.