Vanig Solution Uses Hyperledger Sawtooth
Vanig is an integrated e-commerce and Supply Chain solution using blockchain. Their platform uses Hyperledger Sawtooth to build an e-commerce ecosystem that tackles key issues in e-commerce today. The Hyperledger Sawtooth is a modular platform for building, deploying, and running distributed ledgers. Distributed ledgers provide a digital record (such as asset ownership) that is maintained without a central authority or implementation. Long considered one of the most promising code bases hosted by the Hyperledger blockchain consortium, Intel-contributed Sawtooth software is officially ready for enterprise use. Intel venture technical lead and Hyperledger Sawtooth maintainer Dan Middleton told CoinDesk:
"We feel that if companies really want to adopt blockchain or a distributed ledger, then we shouldn't forgo the basic blockchain properties in taking something from a public chain to enterprise usage."
https://www.reddit.com/r/VanigPlatform/comments/8s55vy/the_vanig_solution_uses_hyperledger_sawtooth/
At #Vanig, we use dynamic inventory management thanks to smart contracts, self-executing orders and IoT sensors for real-time information relays. #KnowVanig.Vanig is an integrated e-commerce and Supply Chain solution using blockchain. Their platform uses Hyperledger Sawtooth to build an e-commerce ecosystem that tackles key issues in e-commerce today. The Hyperledger Sawtooth is a modular platform for building, deploying, and running distributed ledgers. Distributed ledgers provide a digital record (such as asset ownership) that is maintained without a central authority or implementation. Long considered one of the most promising code bases hosted by the Hyperledger blockchain consortium, Intel-contributed Sawtooth software is officially ready for enterprise use. Intel venture technical lead and Hyperledger Sawtooth maintainer Dan Middleton told CoinDesk:
"We feel that if companies really want to adopt blockchain or a distributed ledger, then we shouldn't forgo the basic blockchain properties in taking something from a public chain to enterprise usage."
https://www.reddit.com/r/VanigPlatform/comments/8s55vy/the_vanig_solution_uses_hyperledger_sawtooth/
https://dashboard.vanig.io/?ref=1e9f423f
https://www.reddit.com/r/VanigPlatform/comments/8sefze/vanig_uses_dynamic_inventory_management/
Synchronized material movement makes information available to all parts of the supply chain at the same time so that organizations can coordinate material movements, rather than wait for messages to move up and down the chain! #supplychain #ecommerce #vanig
https://dashboard.vanig.io/?ref=1e9f423f
https://www.reddit.com/r/VanigPlatform/comments/8so76x/synchronized_material_movement_makes_information/
Mass customization uses B2C to give direct communications between a final customer and a manufacturer, and it needs supply chains that are flexible, that move materials very quickly, and respond to varying conditions #supplychain #ecommerce #vanig
https://pbs.twimg.com/media/DgNc5rwXkAAau2j.jpg
https://dashboard.vanig.io/?ref=1e9f423f
https://www.reddit.com/r/VanigPlatform/comments/8sxvbj/vanig_mass_customization_uses_b2c/
At Vanig we get the benefits of cryptographic hashes and secure transactions amongst participants in the supply chain which creates a mature supply chain solution! #Vanig #KnowVanig
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Vanig is an e-commerce startup powered by the blockchain. They have a well-prepared Whitepaper, Business Model, and Executive Summary. Their aim is to create a platform that changes the way e-commerce works. From manufacturer to consumers, they apply the power of the blockchain to make shopping an amazing experience for everyone involved.
https://www.reddit.com/user/wentzeldk/comments/8tfpjb/what_is_vanig/
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Logistics is moving towards ‘greener’ practices. Operators use more energy efficient vehicles, control exhaust emissions, reuse packaging, switch to environmentally friendly modes of transport, increase recycling through reverse logistics, add safety features to ships, develop brown-field sites, and so on. They increasingly recognize that careful management can bring both environmental protection and lower costs. A fair assessment might be that logistics is making progress on environmental issues, but it has some way to go. #ecommerce
https://www.reddit.com/user/wentzeldk/comments/8tmqye/vanig_logistics_is_moving_towards_greener/
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Problem #1: Dealing with Middlemen:
Long supply chains result in an increase in the number of hands a product changes, resulting in an increase in the final price of the product.
Solution #1: Reducing/Eliminating Middlemen
Vanig can effectively reduce the number of middlemen, resulting in the product becoming cheaper for you, and lucrative for the seller.
Problem #2: Long Payment Waiting Periods
If you buy a product from a seller today, the seller has to wait for a long while in order to get the payment for the product. On top of it, the seller loses money in the form of fees.
Solution #2: Instant Payment Transfers
On the Vanig platform, your payment is transferred to the seller immediately in the form of VANIG tokens. This enables the seller to ship your items faster and also results in fair margins for both Vanig and the Seller.
https://www.reddit.com/user/wentzeldk/comments/8tvgh2/vanig_is_revolutionizing_the_supply_chain_part_1/
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Three important themes for logistics to consider are #leanness, #agility, and #integration. Ideally, logistics should aim for all three of these.
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https://www.reddit.com/user/wentzeldk/comments/8u4yzv/vanig_three_important_themes_for_logistics/
Here's a brief summary of #logistics activities inside a supply chain! #vanig #ecommerce #supplychain
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https://www.reddit.com/user/wentzeldk/comments/8ufob3/brief_summary_of_logistics_activities_inside_a/
A fragmented supply chain makes it difficult to coordinate the flow of information through different systems inside the supply chain
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https://www.reddit.com/user/wentzeldk/comments/8uq3l6/fragmented_supply_chain_difficulty/
If we can integrate logistics in an organization, it tackles problems from the viewpoint of the whole organization and looks for the greatest overall benefit. #vanig #ecommerce #supplychain
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Integrating logistics within an organization has all the related activities working together as a single function. This is responsible for all storage and movement of materials throughout the organization. #vanig #ecommerce #supplychain
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Leveraging the power of IoT, we are building tools that will help create the most powerful track and trace algorithms. learn more about us here: http://www.vanig.io
#vanig #ecommerce #supplychain
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The supply chain consists of many different activities, with different types of operation, using different systems and geographically dispersed. #vanig #ecommerce #supplychain
https://pbs.twimg.com/media/Dg_dSFAV4AANoXJ.jpg:large
If we can integrate logistics in an organisation, it tackles problems from the viewpoint of the whole organisation, and looks for the greatest overall benefit. #vanig #ecommerce #supplychain
https://pbs.twimg.com/media/Dg-K4gtW4AEPjBB.jpg:large
#vanig #ecommerce #supplychain
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An important factor for integration in the supply chain is the availability of integrated information and control systems in the supply chain. #vanig #ecommerce #supplychain
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Vanig is an ambitious project aiming to revolutionize the world of e-commerce with a robust supply chain support system. #Vanig #KnowVanig
Here are the three levels of logistics integration: #vanig #ecommerce #supplychain
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#vanig #tokensale #blockchain #ethereum #bitcoin
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by David Drake courtesy of LDJ Capital
Blockchain technology is taking the world by storm. Its decentralized and transparent nature, coupled with fast speeds promises to revolutionize the way people transact and run their businesses in the future. As adoption of this technology spreads across sectors, corporates are not being left behind.
At the beginning of this year, Amazon and Starbucks went public with their intentions to include blockchain in their business models. From the look of things, these are not the only global companies that want a piece of the 'blockchain pie'.
Research findings released by Deloitte this past month indicate that at least 74% of companies in different countries are considering blockchain technology with the aim of developing business applications.
Read more about it at Will Blockchain Technology Boost Collaboration among Corporates?
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1. Genuine co-operation between all parts of the supply chain, with shared information and resources
2. Lower costs – due to balanced operations, lower stocks, less expediting, economies of scale, elimination of activities that waste time or do not add value, and so on.
#vanig #ecommerce #supplychain
Organisations within the same supply chain should co-operate to get final customer satisfaction. They should not compete with each other, but with organizations in other supply chains. #vanig #ecommerce #supplychain
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According to Netscribes INC., the global blockchain technology market will be worth $13.96 billion by 2022, growing at a compound rate of 42.8%. This growth will likely be due to the uptake of the blockchain technology by mainstream industries in order to gain a competitive edge.
This view has been supported by a recent Deloitte survey that drew respondents from 1000 large companies in 7 countries. The outcome of the survey shows that 74% of the respondents feel there is compelling reason to use blockchain technology in building practical business applications.
Additionally, 34% of the businesses sampled pointed out that they have already initiated production of some form of blockchain technology. Further, 41% of the sampled are targeting to introduce a blockchain technology application in the next year.
Read on Deloitte Blockchain Survey: What it Means for the Cryptocurrency Industry
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Disclaimer: This article was originally published by David Drake on accreditedinvestornews.com & David is on the advisory board for most of the firms mentioned or quoted in this article.
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Supplier Partnering is an ongoing relationship between firms, which involves a commitment over an extended time period, and a mutual sharing of information and the risks and rewards of the relationship. #vanig #ecommerce #supplychain
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[An excerpt from an article published by David Drake]
Proponents of blockchain technology point out that the economy will face a second shift from having greater control and little transparency to being extremely decentralized and highly transparent.
However, according to Reinhard Berger, CEO at PECUNIO, the second shift is more speculative, but it is a logical progression based on where the markets are today.
He notes that “The second shift is more speculative as we’ll start to see more regulation. However, it is a logical progression based on where the markets are today and how this has already played out elsewhere. Here are some six firms as examples, Nokia is letting consumers monetize their data with blockchain, J.P. Morgan Chase and Co-presented a prototype of its blockchain platform for capital markets while Bitbond, a German bank, is utilizing Bitcoin to allow international transfer of loans.”
Berger further adds that “Wall Street vet Brian Kelly launches blockchain exchange-traded fund, New York stock exchange parent intercontinental exchange is planning a Bitcoin exchange while IBM, Global System set blockchain developers humanitarian aid challenge.”
Read the original article: Why Three in Four Corporates See a Compelling Case for Blockchain Technology
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Disclaimer: This article was originally published by David Drake on Linkedin.com & David is on the advisory board for most of the firms mentioned or quoted in this article.
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https://www.reddit.com/user/wentzeldk/comments/8wyvxe/farreaching_impact_of_blockchain_technology/
According to Dan Ramirez, CEO at Vanig, the possible upsurge in blockchain adoption will drive the long-term value of utility and security tokens, as well as coins. This is due to the new focus that makes it easier for corporations to adopt blockchain technology.
He says, “We are indeed staring at a possible upsurge in corporate blockchain adoption. As the industry continues to mature, new focuses have come into view such as responsible education and reporting, developing foundational industry standards, and simplified solutions that will make it easier for corporations to adopt blockchain technology. This will be a massive boom for the cryptocurrency industry as true widespread adoption, among consumers and the enterprise is what will drive long-term value for both utility and security tokens and coins.”
In Ramirez’s view, various companies are already utilizing blockchain technology. “For example, powered by the hyperledger blockchain Vanig, aims to create a platform that changes the way e-commerce works. By simplifying supply chain processes for manufacturers and retailers, as well as shopping experiences for consumers, Vanig is changing the way the entire e-commerce industry interacts with one another,” he adds.
Denis Farnosov, founder, and CEO of AlfaToken is of the opinion that development of enterprise applications will catalyze wider blockchain adoption.
He notes, “The increased development of enterprise applications will bring macro benefits to the cryptocurrency industry. The growth of private blockchains will bring spillover benefits to public applications. We can see wider adoption, improved security and an increase in demand for smart contracts.”
Even so, Carl Kirchhoff, CEO, and co-founder of SportsFix predicts that companies may not make a complete shift to the blockchain. He says, “Companies will still rely on centralized ledgers but may adopt smart contracts for the cost saving benefits. Unfortunately, corporations may take the most beneficial uses of the blockchain for themselves while excluding the other parts that are not advantageous to them.”
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Disclaimer: This article was originally published by David Drake on Linkedin.com & David is on the advisory board for most of the firms mentioned or quoted in this article.
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https://www.reddit.com/user/wentzeldk/comments/8x6tid/longterm_value_of_blockchain_technology/
We'd like to thank our strategic advisor siaminnoventures.asia for helping us connect with many business and investment partners from Asia. They will continue working with us post-ICO to expand operations in the region.
Also, Vanig's co-founder Vinodh KR visiting Ant Financial an affiliate company of the Alibaba Group.
Learn more about Vanig: https://vanig.io
#vanig #tokensale #vaniginasia #blockchain #ethereum #bitcoin
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The State of Cryptocurrency Market in 2018
2017 was the pivotal year for the cryptocurrency market as from a closed community of a bunch of tech geeks and a few speculators, cryptocurrencies made their foray into the mainstream financial markets. To get more perspective, at the beginning of 2017, the total market cap was around $20bn then and it was well over $700bn by the end of December 2017. That’s a staggering 35 times within a year! Suddenly the mainstream media started caring a lot about bitcoin, cryptocurrencies and the blockchain. It wasn’t for the technological advancements that grabbed the media attention, it was the parabolic ascend of prices in dollar terms.
Read on The State of Cryptocurrency Market in 2018
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https://www.reddit.com/user/wentzeldk/comments/8yfu5d/the_state_of_cryptocurrency_market_in_2018/
2017 was the pivotal year for the cryptocurrency market as from a closed community of a bunch of tech geeks and a few speculators, cryptocurrencies made their foray into the mainstream financial markets. To get more perspective, at the beginning of 2017, the total market cap was around $20bn then and it was well over $700bn by the end of December 2017. That’s a staggering 35 times within a year! Suddenly the mainstream media started caring a lot about bitcoin, cryptocurrencies and the blockchain. It wasn’t for the technological advancements that grabbed the media attention, it was the parabolic ascend of prices in dollar terms.
Read on The State of Cryptocurrency Market in 2018
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· Website: https://vanig.io
· Telegram: https://t.me/vanigplatform
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https://www.reddit.com/user/wentzeldk/comments/8yfu5d/the_state_of_cryptocurrency_market_in_2018/
https://www.reddit.com/r/CryptocurrencyICOs/comments/8yrppj/the_state_of_cryptocurrency_market_in_2018/
Challenges faced by the e-commerce industry today:
1. Transparency of the supply chain.
2. large number of intermediaries.
3. High transaction fees.
4. Ineffective Track and Trace mechanisms.
5. Inefficient recalls.
https://pbs.twimg.com/media/Dh8nJ2UW0AEvVip.jpg
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https://www.reddit.com/r/CryptocurrencyICOs/comments/8z3fv8/vanig_challenges_faced_by_the_ecommerce_industry/
Blockchain is the underlying technology behind cryptocurrency. Simply put, Blockchain is a decentralized, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way.
While this was invented for Bitcoin, the Blockchain technology has unreleased a torrent of new applications in industries like healthcare, music, auto, and AI.
The technology is extremely promising. It has the potential to improve millions of lives. I had the opportunity to speak with 13 Blockchain leaders, who shared with me some of the top reasons why they are optimistic about Blockchain.
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Read more about here 13 Reasons We Can Be Excited About Blockchain
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https://www.reddit.com/r/CryptocurrencyICOs/comments/8zh9z8/13_reasons_we_can_be_excited_about_blockchain/
