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Consulting

The Future of the Steel Supply Chain

newflow
This project involves a collaboration between the Canadian Federal Government and the steel industry to digitally track and trace steel products across the supply chain using blockchain, IoT sensors, and AI. The government's support brings regulatory expertise, while the industry ensures the system is practical, effective, and scalable. The project aims to increase supply chain efficiency and product quality, and reduce fraud and counterfeiting.

53

%

of steel suppliers report incidences of counterfeit steel

133

MBN

The falsification of Mill Test Certificates has led to $133 million USD losses for steel producers

800

M

Excess capacity in the global steel industry exceeds 800 m tonnes annually
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A universal trusted data exchange for steel

Metaltrail is a platform to enable industry, border control agencies and relevant government entities to share verifiable information. Metaltrail tracks key value chain events, while digitizing relevant documentation such as delivery tickets, Bills of Lading and Certificates of Origin

  • Based on verifiable credentials (W3C Standards)
  • Interoperable
  • Easy to integrate with legacy systems

Provable product

traceability

A standardized product lifecycle, updated in real-time establishes a trusted digital history of ownership, origin and details of events.

Proof of

environmental impact

End to end view of the environmental impact of a specific product including production, transformation and transformation events.

Proof of

origin

A standardized way to proof the origin of a product or set of products.

Key Features

Contact us to discover how we

can transform your business

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Learn More About Mavennet

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September 26, 2023

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