https://iov42.com/our-solutions/timber-chain/

Abstract:

The iov42 solution Timber Chain is a  service that enhances the digital data recording processes for companies, optimises the auditing and certification processes for certifiers, and ensures data integrity by protecting everything on a cryptographically-secure platform.

This minimizes the risk of illegal timber activity and will instead promote data-driven decision-making and provide a transparent audit trail of actions.

Timber Chain can optimise information sharing, certification and auditing capabilities for any actor along the supply chain.

With the Timber Chain, companies can:

• Create permanent digital records of commodity stocks, bundling / sorting processes, and shipments
• Upload all relevant information to be easily accessed and verified by certifiers
• Digitally receive and store certificates
• Share shipment information with buyers so they can trace the commodity’s origin

Keywords: traceability, supply chain, digital records, auditing, timber certification, blockchain, due diligence

Geographical scale: International

Country: Other

Contact
contact@iov42.com

Sector
Wood industry, furniture industry

Project type
Production process

The project contain

Aplication