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Manufacturing is often stretched across the world to best exploit the availability of raw materials, labor, funding and consumer markets at the most competitive rates. A single critical link can test the resilience of the entire operation because companies are bound closely together by long, international chains of supply and demand.
Blockchain enables trusted data exchange and workflow automation across organizational and national boundaries. This helps to strengthen fragile supply chain and trading relationships ravaged by the pandemic and facilitates more ethical consumerism by tracking the provenance of components and manufactured goods.
Industry leaders in the South Baltic Region will have to use specialized applications such as Blockchain to remove friction, build trust and unlock new value — both across industries and jointly with the public sector. We will therefore initiate this seed funding project to develop new solutions and cooperation around Baltic Blockchain solutions within the following fields:
- Supply chain
- Retail
- Insurance
- Financial services
- Industrial communication
- Oil and gas
- Automotive industry
- Logistics, travel and transportation
Details
- Project's acronym:
- IBBI
- Financial Program Name:
- Europejska Współpraca Terytorialna i Europejski Instrument Sąsiedztwa
- Organization:
- Wspólny Sekretariat Techniczny Programu Południowy Bałtyk
- Realisation period:
- unknown - unknown
- Research team leader:
- dr inż. Andrzej Rogala
- Realised in:
- Department of Process Engineering and Chemical Technology
- External institutions
participating in project: -
- IUC Syd (Sweden)
- Gmina Silale (Lithuania)
- Request type:
- European Founds
- Domestic:
- Domestic project
- Verified by:
- Gdańsk University of Technology
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