contractus live at Hannover Messe. Worlds first blockchain based industry product at booth of Deutsche Telekom.
Digitization. Simply make it happen. This the claim of Deutsche Telekom for Hannover Messe 2017. Until Friday, april 28th you can experience how the internet of things could be integrated in nearly every industrial scenario.
We are really proud to be part of the world’s leading industrial show. Together with T-Systems we demonstrate a showcase for easy to use and highly efficient horizontal business process integration based on blockchain technology and our product contractus. At the booth, we present a model fabric, simulating a supply chain with different subcontractors. As a customer, you can use the contractus app to find business partners and close contracts with them. After the contract with the first contractor is closed the Fischertechnik model fabric starts to work. The model fabric consists of different stages and each stage is modeled as an independent business partner. So for each relationship along the supply chain a blockchain based subcontract is closed. During the production process the contract is filled with status information from the involved businesses and all this information are visible for the customer via contractus app.
After the first day at Hannover Messe we could say that our reals world showcase is very impressive and meets with great interest. We are looking forward to four more days at the fair and a lot of interesting conversations.
contractus — more than a yellow paper
We are invited by Deutsche Telekom to be part of their booth because contractus is the first blockchain based startup with a ready to use solution for industrial use cases. We provide a solution for efficient, easy to use process integration and true supply chain transparency and traceability across the whole business partner network. contractus uses the ethereum public blockchain and related technologies to enable business cooperations without an central intermediate. contractus Smart Contracts makes cooperation easier and more reliable than ever before. Due to the reason that in manufacturing, up to 80% of value creation is done by partners, the possibility to optimize the horizontal and vertical processes is one of the most compelling competitive advantage. contractus makes this happen, today.
