Unicsoft
Blockchain and Artificial Intelligence
Blockchain and Machine Learning product development company. We are 12 years in the international IT-market. We’ve helped more than 70 companies meet their IT needs. We increase our partner's brand value by complementing their stack with innovative Blockchain, Data Science and software technologies.
Contact Information
Soquel , California 95073 United States
Edinburgh, Scotland United Kingdom
Kyiv, Western Ukraine 01001 Ukraine
SUPPLY CHAIN TRANSPARENCY FOR GOLD MINING INDUSTRY Visit Website
Education Social Finance Enterprise Healthcare Telecom Media Auto Dealership Retail Logistics Information Technology
Timeline: 100 weeks Amount: 10,001 to 50,000
Business domains: Trading Expertise: Blockchain, smart property & smart contracts Technology and tools: Angular.JS, Python, Django, Blockchain API library 1.3.3 & 1.4.0, MLlib, pandas. Docker The goal of the project was to create a supply chain transparency platform capable of tracking each piece of gold electronically and in a secure manner. At the time there already were similar successful cases in other industries, for example, jewellery and medical implant tracking, which were Blockchain based solutions, which gave us insight regarding the technical solution in this case. The basic technical complexity was that existing platforms track the origin of one product, for example, an implant. With gold, it is more difficult – the mine produces large ingots of unrefined gold, further refineries clean it and one unrefined gold ingot produces several bars of a smaller size of high-grade gold, then other institutions can melt these slivers into smaller ones, so the original “product” is crushed into components and it is necessary to track the way of each component back to that big ingot from which it went. Thus, the ready solutions were inapplicable in this case. The problem was solved by applying the QR code to each ingot and to the derivatives of ingots and creating a custom system for registering all operations of the type in blockage (ingot A was turned into ingots B, C, D by X LTD, ingot A itself no longer exists) and all displacements (ingot B is moved from companies X to company Y with the help of transport company Z). The system is realized with the help of Ethereum, and the logic of operations with ingots is programmed in the form of smart contracts. The MVP was approved by the National Mining Association and (most likely) will receive investments from this organization.