The Blockchain transforms each analogue contract between supply chain actors into an intelligent automaton, where each contractual execution occurs automatically and is triggered by the occurrence of an event (Trigger Event) captured by the DApp that verifies the terms of the contract.
TrustyChain uses Smart Contracts running on a Blockchain (simple data updates or complex contracts) in order to optimise transaction costs and times and create the competitive advantage typical of network economies within a Supply Chain.
TrustyChain is automatically integrated with the digital preservation process, guaranteeing the legal and evidentiary value of managed and historicised digital documents and information.
With TrustyChain, you transform analogue contracts into digital contracts, standardising processes and ensuring intelligent automation through Smart Contracts, thus reducing costs and legal implications resulting from opportunistic and fraudulent behaviour.
With Smart Contracts and intelligent automation, TrustyChain allows you to automate and track both vertical and horizontal supply chain processes, optimising human resource management and reducing operational costs.
TrustyChain facilitates the systemic data sharing of both vertical and horizontal operational and financial processes in the supply chain, improving collaboration between chain actors and ensuring greater transparency and traceability of information.