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TraceX Technologies

TraceX Technologies
#443, 2nd floor West of Chord road, 2nd Stage, Mahalakshmipuram ,
Bangalore ,
560086
India
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Tracex - Blockchain Powered Platform

- Blockchain Powered Platform

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TraceX’s blockchain enabled proprietary platform digitizes end to end process of the supply chain. All agents/players of the supply chain can seamlessly add, view, and exchange information. Information captured serves as a single source of truth that cannot be tampered with or changed. Empower every user to derive verifiable insights that drive transparency and traceability at any given time.

WHY IS BLOCKCHAIN THE IDEAL TECHNOLOGY?

Power of decentralization
TraceX Blockchain Platforms provides single platforms for all players on the supply chain to record information.
  • Ownership of the data is not restricted to a single stakeholder
  • The decentralized architecture allows each stakeholder of the network to have the exact copy of the distributed ledger
Immutability

TraceX Blockchain platform does not allow any alterations to data recorded. Every member on the network has a digital copy. Only if the Majority of members think the transaction is valid, the information is added to the digital ledger.

  • Information cannot be altered
  • Promotes transparency and accountability
  • Information can be trusted
Distributed ledgers

Information is stored locally within each stakeholder’s system and database. The information recorded cannot be seen by other members of the supply chain unless the information is shared.

  • Collaborative working
  • Promotes transparency & accountability
  • Scalable and efficient

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