Provenance Case study in Bicycle Manufacturing
Ensuring Authenticity with the Evident Proof Platform
Evident Proof is maybe pleasant described as a business that allows for the construction and verification of immutable proofs, within the vein of the increasingly popular X-as-a-provider mannequin. Via the Evident Proof platform, any corporation or character can seamlessly integrate EP’s answer into their existing operations.
When the platform receives information from a industry, be it important points on inventory, transport understanding or serial numbers, Evident Proof encrypts this information and creates a digital signature (known as seals) for that precise packet of knowledge. This seal is then uploaded to an immutable and permanent record, which is composed of a pair of blockchains (one exclusive and one public).
The purposes of such potent proofs are countless – companies are better equipped to verify a range of information pertinent to their operations, hold meticulous timestamped files for audit purposes/regulatory compliance, and without problems attest to the occurrence or provenance of a given event.
In this submit, we’d like to take a deep dive right into a use case that we firstly outlined in our whitepaper – that's, the implementation of Evident Proof into the operations of a manufacturer. In this instance, we’ll examine how a bicycle business could make use of the platform.
hard Terrain Cycles is a trade that takes pride in its capacity to provide shoppers with high-pleasant, UK-developed bicycles. They come to a decision to adopt a proof chain procedure to make this declare verifiable for a number of reasons:
-it will make them eligible for presidency subsidies (within the intention of boosting their abroad advertising efforts, training staff and joining apprenticeship schemes)
-permit them to provide proof of their claims that will allow them to distribute their bicycles within the eu
-allows them to prove to buyers that their products are, actually, made within the country, and not imported
-Creates unhackable and unalterable records
-provides ready entry to proofs within the event of a dispute bobbing up
-Ensures compliance with a number of necessities – PCIDSS, ISO, Sarbanes-Oxley
Insofar as knowledge being saved, there’s a plethora of know-how generated in the manufacturing and delivery tactics that's valued at growing proofs of with the intention to later verify:
-On the manufacturing front – fees of materials, work orders, locations, assembly recommendations
-inventory – bodily location of various components or products within warehouses, their availability, when stock can be replenished, and so on.
-Engineering documentation (technical standards and protection directions for the bicycles or peripheral products)
once bicycles are assembled and their serial numbers are assigned, the software can routinely create an immutable file containing these. Hence, if counterfeiting is suspected, it’s trivial to participate in a lookup of the serial number to verify its authenticity.
Ease of Use
Assuming that tough Terrain Cycles, like many companies, already use whatever like an SQL database for their data dealing with standards, the integration of the proof chain is totally simple. They signal a Proof Chain carrier contract, certifying that mentioned information is both exact and proprietary, before interfacing with EP’s backend via relaxation APIs.
The platform is developed in one of these approach that it is highly relaxed and scalable, counting on disbursed nodes and containerisation/virtualisation in a cloud database, adhering to the trendy encryption requirements. To the top user/industry, nonetheless, it’s as simple as pointing their knowledge closer to this platform by means of Evident Proof’s intuitive net-centered portal.
The example of the usage of blockchain technology for the needs of creating seals in the manufacturing of bicycles is just one of hundreds and hundreds of functions – the Evident Proof platform can be utilized not handiest in attesting to the provenance of special merchandise, however in provide chains, coverage and authorized chain-of-custody areas