The EGTN Platform blockchain interoperability service aims to connect different blockchain systems/partners and support interorganizational trade workflows. Smart contracts facilitate automated and paperless negotiations, improving customs control, increasing trust and confidentiality, and ensuring data authenticity/integrity. It serves as a universal front end, facilitating objectives like sharing of master data as a single, jointly agreed and undisputed source of reference. It also supports sharing transport events and supports T&L standards such as GS1
Addressing target audiences and expressing needs
- Grants and Subsidies
Product development, IP protection, marketing, deliver early version of solution to early adopter to create feedback loop
- Public or private funding institutions
- Other Actors who can help us fulfil our market potential
R&D, Technology and Innovation aspects
Key Activities Product development, IP protection, marketing, deliver early version of solution to early adopter to create feedback loop. Key Resources Cloud infrastructure, Open Source components (Sofie Interledger), human capital
Market segments include communities/companies already having a BC implemented for their “community-internal” needs, interested in interoperating with similar other communities (e.g., A Port Community with linked 3PLs or Carriers, a hinterland carriers community with a physically interconnected group of shipping companies
Huge market opportunity, solution is ahead of the curve, with a lot of potential if adopted by stakeholders
This KER focused on the short/medium term considered the following activities in the exploitation pathway: • Continue research & development of solution • Need to move from a pure Proof of Concept to a solution that accommodates further use cases. • Gather further requirements to cover more elaborate use cases • Develop solution based on the previously mentioned The technology has been successfully tested in PLANET living Labs and the proof of concept is fully working and can be used as basis for further development. The main drawbacks are that further funding will be required and relevant technical resources and experts will be needed. The next chapter shows the need of further test the technology collaborating with the PLANET LL partners, in addition, INLECOM is a key collaboration in order to include the technology in the EGTN platform in the long term.
