EVRYTHNG’s Recently Developed Blockchain Integration Hub Now Used In Conjunction With Chainpoint To Track The Supply Of Chain Provenance
EVRYTHNG has recently announced they’re going to be integrating Chainpoint with their software in order to track the provenance of consumer goods running through the supply chain. Consumers will now be able to verify their data has been left unaltered after being recorded on EVERYTHG’S powerful platform.
Tierion is another software that will officially integrate with EVRYTHNG to help track supply chain provenance of consumer goods for some of the world’s largest, most well-known brands.
Who Is EVRYTHNG Anyway?
EVRYTHNG is a company that has primarily focused their efforts into helping the leading brands of the world handle their billions of product identities. The platform collects data in real-time from the IoT devices. Not only that, but EVRYTHNG also efficiently tracks product provenance throughout the supply chain. EVRYTHNG’s customers include some of the largest brands in the world; General Electric, Coca Cola, iHome, Diageo and Avery Dennison are just a handful of the brands on the company’s roster of heavy hitting brands they support.
How Do EVRYTHNG And Tierion Integrate Fully?
EVRYTHNG has officially stated they will be using Chainpoint to track the manufacturing and supply chain metrics, numbers and history of consumer products to effectively help their clients improve their ability to serve their customers while at the same time improve revenue earned. The company records data on literally every portion of the supply chain.
Each step of the process uses the EPCIA transactions found on the EVERYTHING System to track supply chain data. Chainpoint is simply another anchor point used to track the various transactions the occur on Bitcoin’s Sophisticated Blockchain. The new method of recording gives consumers the ability to use a provable audit trail that shows exactly how their products are released on the market.
How Does The Platform Work With Blockchain?
Chainpoint gives developers and software creators the ability to link their data directly to the blockchain. The process creates Chainpoint’s proof, that can then be used to prove the data is linked to a specific point on the chain. This is where the name Chainpoint comes from.
One of the falling points of blockchains in the past has been their slow speeds of operation. They are extremely slow, often taking around four seconds for each transaction. Ethereum changed the way the game was played when they released their software. It has the capability of processing about fifteen transactions each second. Chainpoint destroys any scaling limitations set through the process of linking thousands, and even millions of Chainpoint Proofs to a single transaction.
Where Can I Learn More About Chainpoint
If you’re an interested software developer or just curious to learn more about Chainpoint, you can visit the company’s website at Chainpoint.org or find them on Github Reop at github.com/chainpoint.