Tamir B.
CEO
OBORTECH
The startup offers a digitized supply chain solution that leverages blockchain and IoT technology to provide real-time product tracking and origin verification. This system enhances traceability and transparency, addressing inefficiencies and lack of accountability in supply chain management.
- Blockchain & Cryptocurrency
- Clean Technology
- Enterprise Software
- Internet of Things
- Logistics & Supply Chain
Updated 7 months ago
Funding
Raised to date
$2.9MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Many supply chains lack transparency and traceability, leading to inefficiencies, disputes, and difficulties in verifying product origin and quality. Inconsistent data sharing and a lack of real-time visibility hinder effective risk analysis, planning, and trade finance processes.
Solution
Obortech provides a digitized supply chain solution called the Smart Hub, leveraging blockchain and IoT to enable real-time product tracking and origin verification. The Smart Hub facilitates secure document exchange, data analysis, and collaboration among supply chain participants through a cloud-powered communication hub accessible via web, mobile, and API. IoT sensors on containers and trucks transmit data to the Smart Hub dashboard, providing real-time visibility into shipment location and key physical measurements. The platform's decentralized governance model allows members to verify and score stakeholders without third-party credentials, fostering a trusted network for service exchange.
Target Audience
The primary target audience includes supply chain actors across various industries seeking to enhance transparency, traceability, and collaboration, as well as government entities looking to digitize and monitor livestock industries.
Features
- Blockchain-powered version control for tamper-proof document sharing among supply chain partners
- Real-time shipment tracking and monitoring of physical measurements via IoT sensors installed on containers/trucks
- Decentralized networking marketplace for verification and scoring of stakeholders
- Web and mobile user interfaces, along with an open API, for easy access and integration
- Integration with existing supply chain systems to enhance government traceability systems
- Digital Product Passports (DPPs) of livestock products
- Decentralized governance where Smart Hub members govern the network