The naval transportation industry faces unique challenges. The distribution and validation of paper documents can face delays and other mistakes due to the nature of the industry. Digitisation of the records makes the processes much more efficient and quicker. However, delicate matters need an infallible level of security against 

• data manipulation, 
• malware attacks 
• and other cyber threats.

To ensure protection against data breaches, insider threats and cyber attacks, the security solutions must be free from a single point of failure that could eradicate it. The system would also have to ensure data manipulation is easily detected.

Despite being the backbone of global trade, the maritime industry needs to catch up to digitisation compared to other sectors. Nevertheless, several facets of the naval area have been modernised, and blockchain has found its place among the used solutions.

Therefore, the proposed solution must address multiple issues and stay a few steps ahead of possible cyber threats, unauthorised access, or undetectable data manipulation. Fortunately, we found one that works from various angles and helps to ensure proper authentication.

Rexs.io is an authentication and notarisation solution that bases its work on blockchain. Using blockchain – a modern distributed ledger – allows different parties to record information in a permanent, immutable, tamper-proof, and transparent manner. The data is stored on a decentralised ledger and in a distributed system without the aid of a central authority.

The integrity of the blockchain is secured by trustless consensus algorithms and guarded by cryptography, making it impossible to append or modify historical data illegally. Therefore, blockchain is a decentralised, tamper-proof, immutable, and constantly growing list of cryptographically linked records called blocks.

Digitising the documentation process will help save money, paper and human resources globally. Digitisation in the maritime sector has faced some hindrances on account of security and possible threat concerns. Our solution addresses those issues and reduces worries and vulnerabilities.

At the start of the project, 0101.Games held a series of 2-3 meetings with DAC.digital’s team to explain the product’s mission, target business model, and introduce their team. 

DAC.digital built a team with a Senior Blockchain and Frontend Developer, and a DevOps Engineer, to ensure the project’s success.

Through effective communication and a deep understanding of the project requirements, our team was able to contribute their expertise and resources to deliver a successful outcome for the client. The responsibility of project coordination was entrusted to our team as they preferred not to have their own Project Manager. We worked as an independent team in close cooperation with the customer.

Our team used a combination of advanced technologies to bring our customer’s project to life. We selected Polygon (MATIC) as the optimal network, wrote smart contracts in Solidity, and built the front end using React. To store and serve NFT assets, we relied on IPFS and Piniata.

• Short timeframe to deliver the MVP,
• Looking for a partner who will take over the project end-to-end,
• Strong need for a smooth handover process after development.

• Providing the team capable of delivering the end-to-end solution,
• Adjusting the workflow to a short timeframe,
• Keeping the Client close in the loop to make sure we are meeting the expectations.

Our technology has been implemented in three POCs across three different industries, proving the technology’s flexibility.

We have a technology stack for DLT-based notarization of existing data and data ingestion streams with a clear decoupling of trust and persistence layers. Organizations can, therefore, benefit from the immutability and tamper-resistance of the distributed ledgers without data throughput limitations typical of permissionless DLTs.

The platform has a modular architecture with standardized APIs between its core services. It simplifies the process of plugging in new components that can:

• provide interfaces to different storage systems,
• facilitate connectivity with different DLTs, and
• provide support for various data producers.

It can be plugged into existing infrastructures without significant changes, limiting the time and cost of implementation.

We abstract the technical complexities and nuances of the DLT ecosystem to help with the onboarding of the rest of the world. Our solution is built with intuitive user interfaces and an end-to-end chain of trust and scalability in mind. By design, this is technology agnostic. We provide a framework with the freedom to choose and deploy the most suitable stack rather than forcing a user to utilize a particular blockchain or a storage solution.

Transport, shipping and logistics (TSL) industry most pressing issues:

Transportation payment and dispute resolution – Average Days Sales Outstanding in trucking reaches 36.9 days. Payment automation resulting from smart contract reduces payment delays and disputes

Administrative costs – the cost of document processing and administration reaches 20% of the costs of transportation according to Maersk and IBM.

Improvement of freight monitoring and quality control – Cold chain monitoring is a serious challenge for the pharmaceutical industry where 8.5% of global shipments are sensitive to temperature deviations. In some countries, this number reaches 20%.

Transparency and trust – cargo thefts alone are estimated to $30 billion annually worldwide.

automated contract execution,

autonomous dispute resolution,

fewer paper documents,

improvement of freight monitoring, 

continuous and trusted data exchange between partners,

real-time access to confirmed information about RTI balance.