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Blockchain
Software/Blockchain

What is Blockchain?

A distributed ledger that can record transactions between parties efficiently and in a verifiable and permanent way. We call our blockchain solution ‘Lading Chain’.

What does Lading's Blockchain do?

Lading Chain provides any company that moves freight with a private ledger of events that show the lifecycle of an item through the supply chain. Lading Chain is far more than an alternative to EDI messaging. What makes Lading Chain unique is that it provides its users with:
traceability

Traceability

A perfect, irrefutable ledger of events from manufacture to delivery as the events actually occur.
ownership

Ownership

Clear definitions of who owns a product and who is responsible for the product at each stage of the supply chain.
detail

Detail

Key data, such as quality assurance test results and temperature, of the product through each stage of the supply chain.

The Lading Chain Difference

Unlike other blockchain solutions, Lading Chain uses a private ledger and no coins. What that means is that no one besides a company’s trading partners will ever have access to a company’s most valuable asset, its data. Additionally, no coins mean that companies do not need to worry about day to day fluctuations in the cryptocurrency market.

Note that Lading Chain is not a visibility portal, like one would have to capture EDI messages, as records in this type of portal are fluid and changeable. Lading Chain, as it captures events and stores each sequentially without the ability to edit or override earlier records, provides an honest record of how a product transitions from manufacturing to final recipient.

Who is Lading chain designed for?

Lading Chain is currently designed for retail, pharmaceutical, and technology companies looking to improve visibility and automate processes in their supply chain. The companies that benefit most from Lading Chain are those with complex manufacturing, warehousing, and trucking partner networks.

The Lading Chain ledger sits in between a company’s logistics management system and its inventory database holding far more information about a shipment than either handle. The ledger is the key value adder when it comes to using Lading Chain. The ledger holds all the key information related to products location, temperature, QA results, manufacture location, factoring payments, and so on for a given product.


Contact Info

Address:
121 Newark Ave
Suite 593
Jersey City NJ 07302
Phone:
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