The startup Blockchain Citizens Reserve announced Suku, a blockchain-based platform designed to help users open new markets, improve operations and reduce supply chain management costs.
Its features include access to transparent data in real time around the precise position of assets, privacy of partners, market for offers and orders, ability to control activities and the automation of contractual agreements , according to the Los Gatos company, California
"With Suku, we are planning to build the decentralized supply chain as a service platform that can extend across all sectors, allowing our business partners to interact in a way that was almost impossible until now, "Citizens Reserve CEO Eric Piscini said in a press release.
Designed to be independent from industry, from agriculture to pharmaceuticals to home appliances, the Suku platform envisages the use of two blockchains, Ethereum and Quorum, to maximize the benefits of both networks. s.
Ethereum's public blockchain, widely used for smart contract implementations, should manage supply chain payments. The Quorum blockchain for authorization is intended to facilitate transactions such as offers and offers in which confidentiality is critical.