[Case Study]

The features of decentralization, non-manipulation, and traceability satisfy the management demand of blockchains as tradable assets, and can achieve product life-cycle management for each pallet and relevant information bound to the pallet. The distributed ledger, in the first place, solves the belonging problem of the pallet as fragmented assets; decentralization and non-manipulation provide reliable basis for the pallet attributes and the authenticity of the bound cargo; smart contract perfectly solves the on-chain record and traceability of each transaction node in circulation; the features, throughout the whole supply chain, put all procedures on the chain, thus optimizing the supply chain and providing strong support for the supply chain finance.

In order to put the pallets on the chain, MFISE has independently developed the “Smart Logistics Chip” which is placed in the pallet, realizing “tracking” and “data reading” by Internet of Things, and achieving distributed ledger initiatively delivering and recording the cargo information and smart contract by means of the binding between the pallet and the cargo, which is non-manipulable and reliable. Based on the distributed ledger and non-manipulation of the blockchain, the user can verify the authenticity of the cargo on the blockchain at any time and monitor the cargo in real time through the cargo information, realizing whole-process supervision on the pallet and the cargo.

The technical team of MOAC Blockchain consists of top blockchain experts from the Silicon Valley, who have overcome the industry puzzles like asynchronous contract call, contract sharding, and cross-chain operation. The expansion capability and the contract processing speed of the platform are much more superior to those existing platforms like Ethereum. It is a real blockchain underlying platform for the deployment of business applications. Combined with MFISE “Smart Pallet”, it realizes the real economy application of blockchain + logistics pallet!

Currently, there have been 50,000 MFISE Smart Share Pallets on the chain, covering multiple industries like medicine, food, and manufacture, with which the user can conduct fragmented assets management. The supply chain management can be enhanced and the cross-regional efficient operation of the pallet in circulation can be improved by the visual transaction environment and non-manipulable logistics data of the blockchain.