OriginTrail reposted this
🌐 Supply Chains in the Age of Decentralization 🚀 Back in 2022, this insightful article explored the transformative potential of blockchain in supply chain management, focusing on decentralized systems like OriginTrail's Decentralized Knowledge Graph (DKG). Today, at Skyocean , we’re proud to see how these predictions have not only stood the test of time but have become the foundation of our platform’s architecture. 📈 The Evolution: Then and Now Two years ago ( I'm sure a lot longer than that) DKG was hailed for its ability to: 1️⃣ Eliminate data silos across fragmented supply chains. 2️⃣ Provide immutable and verifiable records of inventory, transactions, and credentials. 3️⃣ Offer unparalleled interoperability using global standards. Fast forward to 2024, and we’re building on #DKGV8 to bring even greater flexibility and scale to global trade. By leveraging DKG and Polygon Labs blockchain, Skyocean is creating a fully interoperable, transparent, and secure ecosystem for SMEs and any participant to thrive in global markets. 💡 Why DKG? Here’s why we chose to build on OriginTrail’s DKG: Data Discoverability: Every asset—from raw materials, to compliance certificates— is represented as a "knowledge asset" with a unique, traceable identity. This ensures seamless collaboration across supply chains. Global Standards: The DKG supports GS1 and other international protocols, enabling frictionless integration across logistics, finance, and compliance systems. Decentralized Trust: As a decentralized network, the DKG ensures verifiability, enabling all participants to confidently rely on the integrity of the system without dependence on a single controlling entity—a game-changer for building trust among stakeholders Scalability & Sustainability: With DKG V8, we now benefit from greater scalability and optimized operations, empowering businesses to address challenges like the $2.6 trillion trade finance gap for SMEs. 📌 Our Mission in Action At Skyocean, we’ve harnessed these capabilities to empower SMEs and investors, to bridge the gap in global trade. Our upcoming platform is design to provide secure, transparent trade finance while reducing operational inefficiencies through blockchain-enabled solutions. 💬 What This Means for the Future The article's vision has aged well, and it’s incredible to see these predictions so clear and being part of our daily operations. As we move forward with #DKGV8, we remain committed to democratizing global trade and delivering value to all our stakeholders. Shoutout to the authors of this article, Jurij Skornik and Ken Lyon, for their visionary insights that continue to inspire innovation today Join Us!! #Blockchain #SupplyChain #DKG #GlobalTrade #Decentralization #SMEs #Polygon #Innovation\
