BUILDING THE INDUSTRIAL BLOCKCHAIN
Datarella provides Industrial Blockchain Solutions. The Industrial Blockchain serves as the foundational, underlying protocol for digital business transformation with converging technologies, such as AI, autonomous machines, AR and VR.
INDUSTRIAL BLOCKCHAIN SOLUTIONS
Datarella develops bespoke blockchain-based innovations for and together with its clients, providing full service consulting, development and implementation for business applications based on blockchain technology.
Datarella’s RAAY empowers unbanked people all over the world with the ability to hold personal financial accounts and manage fast, secure financial services between multiple parties with zero fee. RAAY is based on designing, building and deploying a blockchain-based accounting and payment system for the United Nations World Food Programme that provides the core function of banks today.
With CodeLegit, Datarella’s legal libraries for smart contracts, we close the gap between code and law on the blockchain.
With Crowdstart Capital, Datarella‘s accelerator for the blockchain ecosystem, we support blockchain-related infrastructure, applications and tools by rewarding developers with XSC tokens that are tradable at cryptoexchanges.
Datarella serves clients over many industries: Insurance, Automotive, Manufacturing, Finance, Media, Politics and Government – here an excerpt:
UN WORLD FOOD PROGRAMME BUILDING BLOCKS
For the UN World Food Programme, the United Nations‘ agency for aid logistics, Datarella developed and deployed a digital asset management and accounting system to distribute aid in kind as well as in cash directly to people in need. The system, called ‚WFP Building Blocks‘ runs on a permissioned, private Ethereum network based on Parity.
The system has been running faultlessly in the Tazweed supermarkets in Jordan’s refugee camps since 1 May 2017, and processes
tens of thousands of transactions worth millions of US-Dollars.
The blockchain effects with two levers:
- Leaving out the intermediary and cutting transaction costs significantly
- Making auditing seamless and offer real time reporting and controlling options.
The estimated cost savings cut for the UN is 3.5m USD per year in Jordan alone. Development and successful deployment of the system took less than five months. The extreme short development time and the seamless switch into real world operation is an impressive proof of the capabilities of blockchain technology.