Blockchain Smart Contracts

Blockchain technology is a chain of information where blocks can be distributed but not copied, and cannot be manipulated or deleted. Blockchain technology allows businesses and individuals forge contracts and agreements called smart contracts and can make transactions without the need of third parties such as notaries or banks. This creates a genuine risk-free environment that knows needs no borders or boundaries and it is valid in front of any form of law or official institution. Allny Bygg subsidiary company Hemstad is successfully implementing the use of blockchain smart contracts as a pillar of its digitalized smart business foundation. Businesses and end users are benefiting from the technology that allows them to carry out any task from afar and operate with confidence in a risk-free environment.

Track & Trace

In a combination with blockchain, track and trace technology has been developed over two decades allowing manufacturers, sellers and customers alike accurately track their product and orders in real-time anywhere around the world. Track & trace comes in many sizes and shapes due to the industries individual agendas and work culture, modern supply chains are developing into complex incomplete chains of paper based data which is creating stress for both sellers and end users. In two decades, no single standard has been able to be set in track and trace until now. Using blockchain in track and trace creates an independent database that is not owned by a single or multiple parties but the whole industry which guarantees accuracy and transparency on a neutral level.

Anti-Counterfeit

Product counterfeiting, theft of intellectual property and trademark infringement is a growing problem all over the world, estimated to amount to between 5-7 percent of total world trade. The problem affects most sectors and imposes significant economic and social consequences, especially for consumer protection. These illegal businesses threaten the health and safety of consumers, creating huge loss for the owners of IPRs and deprive governments of tax revenue. Many companies are actively working to combat the problem by setting up a permanent entity, an anti-counterfeit activities (ACA) team or brand protection team (BP) within the organisation, that works tirelessly to detect and fight fraud and counterfeit. Allny Bygg Partner, DH Anticounterfeit™ has developed a web-based case management database, CaseMate, that provides corporate brand protection (BP) teams with a system that supports their everyday operations. CaseMate is for owners of intellectual property and BP teams who want to streamline operations when it comes to case management, reporting and data analysing of anti-counterfeiting activities.

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