The startup offers a shipment documentation platform that digitizes international logistics by utilizing blockchain technology for traceability and artificial intelligence for automated information extraction. This solution enables clients to coordinate stakeholders, transactions, and documents in a single, streamlined interface, enhancing operational efficiency in complex shipping processes.
Funding
$1.5M raised to dateRaised 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.
PAFounders
Product
Problem
International trade processes involve numerous stakeholders and complex documentation, leading to inefficiencies, increased costs, and potential for fraud. Traditional paper-based systems lack transparency and create delays in coordinating transactions and ensuring regulatory compliance.
Solution
Usyncro offers a shipment documentation platform that digitizes and streamlines international logistics by synchronizing stakeholders, transactions, and documents in a single, secure interface. The platform leverages blockchain technology to ensure traceability, security, and immutability of shared data, while AI automates data extraction and anomaly detection. By creating digital logistics corridors, Usyncro facilitates secure information sharing among manufacturers, transporters, customs agents, banks, and regulatory authorities, reducing fraud risks and eliminating paper-based processes. The platform's interoperability and real-time tracking capabilities enhance supply chain visibility, enabling proactive risk management and optimized decision-making.
Target Audience
Usyncro targets manufacturers, freight forwarders, customs brokers, and other participants in international trade who seek to streamline logistics, reduce costs, and enhance supply chain security and transparency.
Features
- Blockchain-based documentation ensures data integrity, traceability, and transparency
- AI-powered automation extracts data from unstructured documents and identifies tariff codes with high accuracy
- Real-time tracking and notifications provide end-to-end visibility of shipments
- Secure document sharing with role-based access control for all stakeholders
- Digital logistics corridors facilitate collaboration among customs authorities, freight forwarders, and other parties
- Integration with third-party services, including financing and insurance, through a logistics marketplace
- Electronic document (eDocs) management, including eBLs and eCMRs, improves process efficiency
- Interoperability with different blockchain networks and customs operating systems via APIs