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The innovation driver blockchain is revolutionizing logistics

Camelot ITLab is offering a solution for identifying and implementing specific blockchain applications in the field of logistics

Mannheim, 09/15/2017 – Blockchain technology enables the greatest data security and transparency. Until now, however, application approaches have primarily existed for only a few security-sensitive sectors like the financial industry, but the digitalization specialist Camelot Innovative Technologies Lab (Camelot ITLab) is now offering the first solution for identifying and implementing specific application cases in logistics with its Camelot Hypertrust Network. The solution allows customers to check for individual possibilities for using blockchain technology in their company and to develop prototypes they can experience live within a few weeks.

Bei dem The Camelot Hypertrust Network features configurable IT solution modules for developing and evaluating blockchain application cases in logistics processes. It makes use of various blockchain technologies like Ethereum and Hyperledger. During the development of the Hypertrust Network, Camelot ITLab combined over 20 years of logistics expertise with leading blockchain technology competence. The Hypertrust Network solution is part of the Camelot Digital Experience², the new product and service portfolio from Camelot ITLab for digital transformations of companies.

“So that customers can identify and evaluate the potential digital technologies offer their companies, we have developed a unique portfolio of services and products. Working on the basis of design thinking and together with customers, our experts develop ideal-typical application cases. Then Camelot’s innovation labs use agile methods to implement them in prototypes in a targeted manner,” says Steffen Joswig, CEO of Camelot ITLab, explaining the process behind Camelot Digital Experience2. That way, within four weeks, companies receive concrete results in the form of a prototype that they can experience.

One particular product of Camelot Digital Experience2that relates to blockchain technology is Sensor-Driven Track & Trace, a sensor-based solution for optimizing transport logistics processes. The solution is promising above all for companies that transport physical goods. Sensors provide them with an effective Track & Trace system for tracking and monitoring their products. For example, the system proactively recognizes when perishable goods are spoiling due to excessively high temperatures during the transport process. This information is written into the blockchain in realtime and therefore can no longer be changed. This also offers consumers the highest level of protection.

A solution like this also makes it possible to fulfill legal provisions. Companies from the pharmaceuticals branch, for instance, can use it to fulfill a new EU directive regarding Track & Trace, which requires transparent tracking along the entire supply chain to prevent manipulation and counterfeiting of medicines, among other things.

“The blockchain technology is becoming a catalyst of Logistics 4.0 applications and is therefore accelerating what is still a rather hesitant digital transformation in the logistics field. There are countless topic areas, such as digitalization of bills of lading or transaction protocols. It is now time to identify and make use of these as yet unexploited areas of potential. With Camelot Digital Experience2, Camelot ITLab offers the tools needed to develop digital innovations,” observes Andreas Göbel, responsible for matters related to blockchains at Camelot ITLab.

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