Chainparency Announces GoTrace 2.0 with New Data Collection, Reporting, and Intelligence Features
Houston, Texas, September 5, 2023 — Today, Chainparency announced GoTrace 2.0, the next iteration of the company’s GoTrace blockchain-based data solutions product. The latest version includes an improved dashboard and user experience, new field-level data management and collection capabilities, enhanced track and trace functions, more reporting and accounting features, new artificial intelligence (AI) based insights, and other exciting new features and functionalities. Chainparency’s flagship product, GoTrace, is rapidly becoming the go-to system for enterprises seeking a comprehensive data collection, management, audit, and traceability solution used in global supply chains.
GoTrace is a first-of-a-kind turnkey and modular blockchain-based data management and track and traceability solution that enables any organization to engage in end-to-end data collection and digital traceability at scale. At its heart, the GoTrace application enables enterprises to collect and record high-integrity data throughout global supply chains, and only requires a mobile device to quickly deploy. The system’s core functionalities allow for a variety of diverse capabilities to be registered immutably on a blockchain ledger, including:
- Recording location-based, field-level data
- Conducting track and trace of physical items throughout global supply chains
- Enabling auditing, analysis, reporting, and validation of select events and activities throughout product value chains.
Currently, customers use GoTrace for a variety of objectives ranging from supporting life cycle and other carbon-based assessments within a geofenced area, proving product authenticity and provenance, substantiating product and sustainability claims, supporting certifications and standards, meeting regulatory compliance requirements, and driving efficiencies in global supply chains. Under GoTrace 2.0, users and customers will note a further simplified and intuitive dashboard experience featuring:
- Quick load identification, organization, and review
- New tracking insights and audit capabilities
- A dynamic feed designed to provide increased load and supply chain insights
- Customizable data collection and task management forms.
The new features further solidify GoTrace as the industry’s most agile & scalable blockchain-based data management and collection system for enterprises and organizations of all sizes globally.
Chainparency has also developed new analytical capabilities and enhanced reporting and filtering functionalities. GoTrace 2.0 includes new carbon accounting and on-demand reporting features that allow users to better assess carbon dioxide and GHG emissions within global product value chains.
Beyond carbon accounting and reporting features, GoTrace incorporates new AI-based analytical and automation capabilities, which help make better sense of customers’ supply chains by more quickly identifying key trends, patterns, and outliers in customers’ data. The collected information will help further augment decision-making processes, further mitigate against errors and other risks typical in supply chains, and drive efficiencies and productivity throughout global product value chains.
Release date
Chainparency is currently testing its public beta with select customers. For additional information and the opportunity to preview GoTrace 2.0 or to participate in the beta testing process, please contact Chainparency at community@chainparency.com.
About Chainparency:
Chainparency is on a mission to restore trust through community and technology. The company develops innovative turnkey and modular blockchain-based computer software applications and tools to ensure greater transparency, traceability, and accountability in global supply chains. Chainparency’s flagship product is GoTrace: a first-of-a-kind, turnkey, and modular blockchain-based data management and track & traceability solution that empowers any organization in a supply chain to engage in end-to-end data collection and digital traceability at scale. Customers utilize Chainparency’s technology solutions to record data, validate product claims, prove provenance, advance sustainability & environmental goals, comply with regulatory compliance and certification needs, and optimize operations in global supply chains. For more information, please visit www.chainparency.com.