Credits to augment logistics of Dylyver and RedCab with blockchain
Credits is a platform for the enhancement as well as execution of devolved applications established on the basis of the innovative blockchain technology and smart contracts. The firm declared that it has entered into a collaboration with RedCab and Dylyver to assist in the enhancement of logistics processes. This will be possible by executing Credits blockchain solutions.
The solutions will be used to make sure that every dispatch as well as every stage of cargo handling is routinely processed by making use of smart contracts. The interface between people involved in the transport chain is established by means of using separately run software systems.
In many ways, the blockchain solutions work in increasing confidence between the stakeholders engaged in the decentralized work. Not any of the members can discontinue a process that is underway, and has already been ratified by all the parties in the transaction.
Every one of the parties involved in the supply chain understands the competences of the members in advance, as well as anything that takes place at any time in the entire supply series.
Dylyver
This is a corporate firm that deals in technology industry. The firm is focused in developing inventive conveyance and logistics solutions by making use of the usefulness of the modern smartphone technologies. Credits solutions aims at streamlining the firm’s logistics services.
This is done by ensuring that there is augmented control by instantaneous freight tracing.
RedCab
This is a fast forward firm with a futuristic business model in the conveyance space, which also comprises of car sharing. The Credits blockchain solutions will go a long way in helping the firm to augment its services by making sure that the payment procedures are simplified.
This will be implemented by ensuring that payment is only done once a service has been acknowledged by other participant.
