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CargoDocs dTrack

  dTrack Web logo

CargoDocs dTrack combines Internet of Things (IoT) and blockchain technology to enable tracking of cargoes and paper trade documentation & secure distribution of the source data from these documents across the supply chain.

The solution functions as a crucial ‘bridge technology’, enabling CargoDocs source data to flow instantly and in advance of physical paper originals & cargoes through the supply chain – allowing for digitization of you trade document processes without dematerialization.


Highlights

  • Co-developed with Swisscom Blockchain AG, the blockchain advisory and development arm of Swiss telecom company Swisscom, and Linxens, leading provider of component-based solutions for the security and identity markets
  • First implementation focuses on tracking/visibility of original paper title docs such as B/L  
  • IoT device used is a tamper-proof NFC chip, attached to paper output from CargoDocs
  • dTrack smartphone app scans/reads data & geo-tags across the supply chain
  • Data irrefutably stored on blockchain; blockchain-agnostic by design, with support for Hyperledger, Quorum, NEO and NEM, extending to additional frameworks in the future
dTrack Alliance logos

Features

Document source data combined with real-time, secure physical tracking of paper title docs  

  • Interactions/information added to a document can be updated to take place on the physical paper doc via dTrack
  • Users access source data from the entire document set, with data instantly available in advance of the tracked paperwork
  • Tamper-proof chip/sticker device (dLoc NFC)
    • Wireless data transfer
    • Identification, recording, localization
    • Weather/pollution-proof
    • Chip hardware prevents fraudulent access to chip
    • Auto-invalidation of chip on 3 failed key input attempts
  • dTrack app synchronizes and updates information on the blockchain
  • QR code acts as a unique document identifier
  • Cryptographic keys are generated on the blockchain each time the state or content of the document changes, in real-time

Workflow

dTrack flow preview

Benefits

Digitally safeguard paper title docs & securely track across the supply chain, as source data flows seamlessly

  • Ability to securely receive and verify source data enables significant trade automation
  • All supporting documents can be mechanically signed and securely transferred through CargoDocs, even to non-users
  • Provides alternative to end-to-end paperless trade, when physical title documents are still required; i.e. enables digitization without dematerialization
  • Minimized fraud / forgery risks typically associated with paper 
  • Photolog of title document throughout its life and across the supply chain  
  • Eradicates need to re-type data or need to adopt OCR/AI solutions to extract data from paper
  • Increases visibility of paper originals across supply chain
  • When combined with a Bank Payment Obligation, offers 80-90% digitalization despite continued use of some paperwork

In Use

dTrack is currently being trialled with leading Exporters & Banks in Europe and APAC. The solution will be formally launched in Q1 2019.

The dTrack mobile app is currently available as Android-only and will be rolling out to iOS by end Q1 2019.


Adopt

Contact us to request a Demo and Quote