The platform reduces information asymmetry between transacting parties by combining the blockchain's attribute of being a robust validator of records and the power of crypto-economics to drive incentivized behavioral optimization in supply chains. DataLedger partners with industry experts to develop specialized applications of its core technology infrastructure and capabilities. In this regard, the company is a wholesale information infrastructure group working with experts in the field to design and implement industry-specific solutions to today's problems in the movement of data and funds. Currently, Channing James Millerd is the COO at DataLedger.
Preventing Fraudulent Copying of Halal Certification
The business was set up towards the end of December 2019, about 3 months before COVID happened in South Africa. DataLedger's objective at the time was to develop a solution to prevent the fraudulent copying of Halal certification of meats in the Western Cape Province. The Company soon realized that for the most effective adoption and application of blockchain, we could use the same tech protocol and work with industry experts to create diversified sector solutions. The business has evolved from a focused narrow approach to that of a diversified service provider that now deploys blockchain solutions to list digital assets as securities on exchange platforms.
Digitizing the Supply Chain of Emerging South Africa's Economy
DataLedger developed the first proof of concept to digitize the South African wine industry value chain and the first minimal viable product to digitalize the supply chain of an emerging farmer value chain is South Africa's informal economy. DataLedger did this in collaboration with CSIR, Africa's leading council for scientific and industrial research.
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Denne historien er fra The 10 Most Innovative Blockchain Companies to Watch in 2023_Vol2-utgaven av Analytics Insight.
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