Funded by the European CommissionHorizon 2020 – Grant # 740129

The benefits of using Blockchain for SMEs

Applications and the Marketplace

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PAYMENT SOLUTIONS

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SMART CONTRACTS

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SUPPLY CHAIN

Supply Production Distribution Retail, Store and Customer

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THE USE OF SMART CONTRACTS IN THE SUPPLY CHAIN LOGISTIC

1. Supplier creates SM

2. Buyer validates SM

3. Assets placed in escrow and SM isupdated

4. Shipment is tracked and deliveredto the buyer

5. SM releases the asset to the supplier

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DISTRIBUTED CLOUD STORAGE

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DIGITAL IDENTITY

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DATA COMMERCE

• Blockchain-verified data sets assures

• Transparency• Security • Safety

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IN CONCLUSION

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