Nexity Network enables privacy, scalability, and security for the supply chain by unlocking the value trapped in assets, payment delays and helping countries and individuals to find a better way to trade and innovate.
Enterprises can eliminate traditional supply chain barriers and integrate actors big and small into an efficient, transparent, and secure global network.
The Platform is designed in consultancy with industry leaders in order to create a complete ecosystem of global and automated supply chain tools with an integrated payment system utilizing blockchain technology.
A core module on the platform is Contract Management. This will help business owners to manage contracts, documents, bills, and certificates. By leveraging blockchain technology, your company can speed up transactions with suppliers and partners. Everything in a secured and transparent digital environment.
Reducing costs – Through the platform, a company can reduce costs because even for small transactions a blockchain code is generated. Also, there is no need for paper documents to be stamped and approved.
Preventing counterfeiting & Double-Spending – The electronic documents stored on the blockchain are time-stamped and electronically signed. This feature permits full immutability of the content of the certificate and improves its authenticity and security as well.
Increase speed – You can share the data rapidly stored on the blockchain. By this, you reduce the time needed for obtaining evidence. Also, you can improve the efficiency of multi-party collaboration.
With Nexity platform, companies can assign to each product with a unique ID and a digital passport that covers the entire lifecycle of the product. By using this module, each company can control the quality and authenticity of components. Furthermore, all the data stored on blockchain can be shared by product owners to different actors in the supply chain in an easy to create room.
Entire Lifecycle Management – Data related to production, transportation, sales, repair and resells will be checked and secured on the blockchain.
Enhance Digital Transformation – Blockchain and IoT facilitate the digital transformation of industries
Transparent and Secured – All the data is stored on the Ethereum Blockchain to guarantee security
Nexity combines blockchain with NFC & QR Code to ensure traceability of products’ entire lifecycle. Suppliers can check and verify all product information via the Nexity platform. This module contributes to effective supply management and financial services such as insurance for high-value goods.
Production Management – To avoid overproduction the quantity of a specific product can be managed by scanning the product ID and receive notifications and alerts.
Supply Management – Based on the data generated by the IoT devices, entities are able to recognize whether there are congestions or problems and it will be easy to identify the source of a problem.
Corporate Social Responsibility – By integrating recycling solutions or green production into their supply chain network, the related data will be stored on the blockchain and used as a proof for green certification.
Intelligent workflows are automated, agile, and laying the foundation for how businesses deliver greater value both internally and externally. Nexity’s workflows change the trajectory and the nature of work with greater visibility, real-time insights, and the power to remediate problems across multiple business functions.
Exception Based Process – end-to-end visibility through a combination of data center and connected AI capabilities.
Mission-oriented teams – Demand sensing for immediate assessment and the longer-term ability to continually evaluate the balance between lean operations and risk moderation.
Touchless Process – Intelligent workflows to replace manual aggregation with automation, saving time and freeing up resources that can be allocated elsewhere.
Shared KPI’s incentives – Constant collaboration through shared platforms and collaborative rooms to help supply chain partners to join forces.
Nexity will integrate a circle layer on the platform to create a sustainable environment for enterprises to scale their growth potential. With blockchain production solution provided by CircleChain modules, companies will be able to keep track of all production-related data generated during extracting, manufacturing, packaging, logistics and sales. Permission granted, the data can be shared with all the actors and end users, providing sustainability metrics for analysis and facilitating the migration to a circular economy.
Supply Chain Simulation – By simulating the supply chain operation, the physical characteristics, movements and operations of vehicles can be analyzed to better understand traffic flows.
Digital Services – Nexity facilitate the digital transformation for your business activity and we can provide digital services such as finance, certification and insurance.