Key Points

References

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Candidate Solutions

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Trust Your Supplier - TYS

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Allianz Group

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TaXChain - A blockchain network to exchange digitized tax forms

https://www.hyperledger.org/learn/publications/taxchain-case-study

Use Case

• Prove that digitized tax forms save time and money

• Build an open, flexible platform that can support many partners

• Showcase the network to companies across the EU

Challenges

1. Build a working Proof of Concept with blockchain

2. Complete a production-ready network

3. Create an association to promote the network

4. Extend the network with more partners and further forms

Solution

• A blockchain network to exchange digitized tax forms

• Sponsored by Henkel and Siemens

• Developed by KrypC using Hyperledger Fabric 2.2

• One tax form is now in production, with more being implemented

• Siemens co-founded the Institute for Digitalization of Tax Matters (IDSt) under the umbrella of a large trade association in Germany

Impacts

• Cost to complete one tax form slashed by 75% (from €120 to €30)

• Time to fill out one tax form cut from days to minutes

• Further gains to come from exploiting all free trade agreements

Key Takeaways

—André Rubbert, Head of Digital Tax Transformation, Siemens

“We wanted to find out if blockchain technology could make these processes smoother, faster, more secure, and more transparent.”

“Deciding on which blockchain framework to use was quite easy,” says Proshanta Sarkar, blockchain engineer and technical lead for the project at Henkel. “We thought about Quorum and Ethereum, but for a permissioned blockchain, we found Hyperledger Fabric is the best.”

“KrypC’s – KrypCore played a crucial role in the deployment of the taXChain platform on the Hyperledger Fabric protocol, ensuring that the platform is sustainable and scalable. With the solution in place, the platform is ready to onboard more participants and support new use cases. The configurable feature of KrypCore allows the platform to adapt to the specific needs of different enterprises, including infrastructure options, enterprise identity authentication. This versatility makes it a robust and secure solution for a wide range of enterprise needs.”
— Mohit Sethi, Senior Vice President – Research & Development, KrypC

GSBN simplifies global trade with Hyperledger Fabric

https://www.hyperledger.org/learn/publications/gsbn-case-study

Use Case

• Modernize the shipping industry with digital transformation

• Simplify global trade and supply chain

• Recruit a critical mass of shipping lines and terminals to the GSBN platform

• Remove barriers to collaboration among competing market participants

• Build solutions on top of GSBN to support and improve global trade

Challenges

1. Recognize the risk of not digitizing

2. Build the operating system with Hyperledger Fabric

3. Design and deploy the first use case: Cargo Release

4. Work on second use case: Trade Finance

5. Enable the third use case: Electronic Bill of Lading (eBL)

Solution

• GSBN allows a suite of solutions for some of trades biggest challenges, including cargo release, trade finance, and bills of lading

• Paperless, efficient, and transparent blockchain-based solution

• Provides a single, immutable source and record of data

• Harnesses trusted data directly from the shipping industry via GSBN

• Improves end-to-end operational efficiency and transparency

Impacts

• Time for cargo release reduced from days to hours

• Improves shipping container turn-around time, reducing port congestion and pollution

• Served over 10,000 customers since March 2021 launch

• Speeds of over 100 transactions per second

• More than 1 million shipments handled

Key Takeaways

“Just like electricity transformed industries and rewired businesses, data is the fundamental resource to power digital transformation,” says Edmund To, Chief Technology Officer of GSBN. “We need a new digital utility infrastructure ‘grid’ to enable data sharing. As a digital utility infrastructure, GSBN’s goal isn’t profit, but rather increasing global trade powered by the platform.”

They envisioned a trusted data exchange. Data would come from trusted sources. Users would contribute and access data facilitated by the platform however they saw fit, while retaining the control of their own data.

Immutable records would enable trust in the data, but that wasn’t enough. For this transformation to work, industry users would need to trust more than the data. They needed to trust the entire solution.

The leaders understood their competitors might be skeptical of a data sharing platform launched by major industry players. To overcome the skepticism, they needed to show fair and representative governance. And they needed a business model that accommodated the competitive nature of the industry.

Farm To Plate - FutureFoodCasts - Hyperledger Fabric

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