OriginTrail is a protocol that can increase the transparency of your supply chain. It is intended for anyone working with products that are extremely complex and require a high level of accountability. This is a decentralized blockchain-based system that has traditionally been used primarily in the agricultural sector, but may also be applicable to other supply chain categories such as: Health care..
What is OriginTrail?
OriginTrail has the specific purpose of increasing accountability and transparency. For organic meat farmers..
It is designed to allow IT providers to set up data sharing in multiple organizational environments. This is essential for supply chains that need to share data across multiple companies. stage.. This creates a distributed knowledge graph that is organized, discovered, and validated.
It is built on a multi-chain infrastructure with the ultimate goal of making the supply chain more transparent for businesses and allowing consumers to make more informed decisions.
Agricultural supply chain challenges
Most of us don’t know where the food we eat or the products we use come from. Many people may not care. However, young consumers in particular are beginning to show a keen interest in gaining a better understanding of the supply chain. The turmoil caused by COVID-19 has also given people more awareness of the global supply chain and how they can be confused and developed.
This is especially important in some areas.For example, if you buy organic meat, the meat is teeth Organic and to know which farm it came from. The same is true for those who want to avoid crated calf calves, GMOs, etc.
Unfortunately, traditional systems have a lot of data silos. Consumers may see labels indicating that something is organic or fair trade or manufactured in the United States. however, Proof It’s just not there. Instead, the system relies on trust. This isn’t really something you can build a business these days. In many cases, it is difficult to gain trust.
This system audits only part of the chain at a time, leading to highly fragmented data collection.
The latest solution using blockchain
The challenge here is to put the data together Across multiple companies.. At the human level, this often means building trust and helping business owners and stakeholders feel comfortable sharing this data with their allies (and what competitors do). I understand whether or not to do it).
At the technical level, decentralized Blockchain The perfect solution.Enables reliable item tracking and information security ledger It is run by business stakeholders. Other solutions may progress over time, but the challenges faced are important. Understanding the true importance of protecting the supply chain, away from the idea that data on supply chain details needs to be exclusive to protect profits (and vice versa in practice) Need to be deepened.
Building trust between consumers and suppliers
OriginTrail solves these problems in a way that empowers consumers. This helps companies demonstrate the integrity of their supply chain and its value.
The first use of OriginTrail was in the production of organic meat, an area where customer trust is absolutely essential. People choose to buy organic meat for a variety of reasons, including taste, Perceived health benefitsAnd concerns about animal welfare.
OriginTrail is open and decentralized, allowing free trade in information. This provides automatic data connectivity and interoperability among all of the different stakeholders.
Faced with this challenge, Origin Trail was developed as a protocol solution. OriginTrail supports product certification, CoC, and supply chain optimization and compliance.
Technical overview
OriginTrail is an open source blockchain protocol for reliable data exchange.
Tokenomics
The system uses TRAC (trace and pronunciation). TRAC is a utility token used by consumers to read OriginTrail information for a particular product. TRAC is also a means of compensation between data producers and consumers. node holder. It works with the ERC20 standard.
Protocol layer
OriginTrail Ethereum (ETH) Protocol. Cryptocurrency ether. ETH is open access and can be used by any entity or individual.
Consensus mechanism
The consensus mechanism used is Zero-knowledge proof.. This is a probabilistic evaluation system that allows you to confirm the source of data without actually looking at the contents of the data. Banks often use this. Consensus checks are conducted at all stages and each stakeholder must be approved by both the previous and next companies in the chain. This allows you to properly track each batch throughout the chain. It also helps in rapid investigation and adjustment of discrepancies.
Other technical details
Origin Trail is designed for heavy Data interoperability.. To achieve this, we use XML and GS1 standards to provide global standardization such as dates. It is also based on the EPCIS framework and can be layered and fully modular for reliable scalability.
The data layer focuses on data relationships, so it takes the form of a graph database similar to Neo4j or ArangoDB. This solution is in good agreement with how the supply chain itself works. The network tier, on the other hand, is a peer-to-peer network built on Kademlia, a distributed hash table that ensures long-term identities and distinguishes between data creator and data owner nodes.
Specific solution or product
OriginTrail is open source, so certain products are constantly being developed. As already mentioned, Organic Meat was the primary solution for the development of the Origin Trail. Since then, it has expanded throughout the food and agriculture sector. This is SmartAgriHubs A European project designed to promote digital innovation in agriculture.
Another use case is that the Swiss National Railroad Company uses the Origin Trail to track the materials of railroad parts, increasing the safety of train movement.
However, there are no public products for Origin Trail. Each current solution is compatible with end-user applications. Stakeholders can inquire about running the node from the Origin Trail website. OriginTrail is also open source, allowing developers to build solutions tailored to supply chain issues.
Equivalent solution
The most comparable solution IBM Food Trust.. This meets a similar problem in a fairly similar way.However, the main difference is that IBM’s solution No Open source and companies that want to take advantage of it must go through the same process directly as IBM.
OriginTrail is not a healthcare-specific solution. However, users can easily use it to manage the supply chain of pharmaceuticals and electronic medical devices, adding accountability and transparency.
iSolve Another similar project, especially for reverse vision. This helps pharmaceutical companies track where they are using their products in the end consumer market.
Conclusion
Transparency in the food supply chain is becoming more and more important as consumers become more savvy and educated. People can use this to make sure that organic foods really come from organic farms. It also helps with other certifications such as cageless chicken and veal, and non-slavery chocolate.
Demand for this type of consumer is likely to increase in the future, and OriginTrail can be used in many similar applications. Its open source nature means that it’s much easier for businesses to figure out what they can do with it and explore its potential. Developers may create more solutions for different enterprises, and published products are not yet available, but may be available.
If you want to know more about OriginTrail, Blockchain, and how blockchain is revolutionizing healthcare and other areas of life, Blockchain Healthcare Review today.
