not approved
Cardano is primed for a Supply Chain Transparency Platform!
Current Project Status
Unfunded
Amount
Received
₳0
Amount
Requested
₳70,000
Percentage
Received
0.00%
Solution

Conceptualize a decentralized supply chain transparency platform on Cardano including validation to ensure feasibility, effectiveness and secure communication.

Problem

The problem we aim to solve is the lack of transparency and accountability in supply chains, hindering trust and sustainability efforts.

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Feasibility
Value for Money
Impact Alignment

Team

2 members

Cardano is primed for a Supply Chain Transparency Platform!

Please describe your proposed solution

Our solution addresses the pressing need for transparency and efficiency in supply chain management, a challenge fueled by global complexities and the increasing demand for ethical sourcing and sustainability. We are aware of the critical importance of leveraging blockchain technology to address these challenges effectively.

Our approach involves the conceptualization of a decentralized supply chain transparency platform on the Cardano blockchain in a modular way. This platform will integrate essential management systems such as ERP, SCM, supplier, and accounting, providing end-to-end visibility into supply chain operations.

What sets our solution apart is its modular architecture, which allows for seamless integration of additional modules to address various aspects of supply chain and business management. This flexibility ensures scalability and adaptability, enabling businesses to customize the platform according to their unique needs and evolving requirements.

Our project aims to assemble a diverse group of experts from various fields, including supply chain management, blockchain technology, regulatory compliance, and sustainability. Additionally, we seek to involve end-users to ensure that their needs and perspectives are adequately represented.

Through collaborative efforts with industry experts and technology partners, our goal is to conceptualize a dynamic platform that accelerates the adoption and practical application of Cardano blockchain technology for businesses reliant on supply chain management.

We will validate the feasibility and effectiveness of our conceptual solution, not develop a prototype immediately. This validation will involve thorough analysis and testing, including simulating real-world logistics scenarios. The outcomes of these tests will serve as evidence of the concept's viability in practical applications.

What makes our solution unique is its potential to transform the way supply chains are managed and monitored, ultimately benefiting businesses, consumers, and the broader economy.

In our view, Cardano provides the ideal foundational layer for our solution.

Please define the positive impact your project will have on the wider Cardano community

Our Motivation is the best case scenario, which would be that this concept will serve as the foundation for the development of the platform. We anticipate that by developing a decentralized supply chain transparency platform on Cardano, we will contribute to the broader adoption and utility of the Cardano blockchain. This will attract new users and developers to the Cardano ecosystem, fostering growth and innovation. Additionally, our solution will showcase the scalability, security, and sustainability of Cardano's blockchain technology, enhancing its reputation as a leading platform for enterprise-level solutions.

Ultimately, our project will empower individuals and businesses within the Cardano Community by providing them with a platform to optimize supply chain operations and improve transparency.

What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

I have first-hand knowledge of the challenges and opportunities within supply chain management

I learned Logistics and Supply Chain Management at a top 5 Logistics company and have multiple years of experience as senior purchaser in the food industry as well as in the machinery sector.

My experience in tokenization and knowledge of the Cardano Blockchain, along with my network for potential collaborations with experts comes from working at NMKR, a well established Cardano minting provider, as the Executive Assistant of Patrick Tobler the Founder of NMKR.

I am confident that this makes me uniquely qualified to lead this project and ensure its success in the Cardano Community.

Co-Proposer Florian Schmieg has extensive expertise in process and project management with a technical background based on his degree in technical engineering.

He provides insights from his multi year expertise working in the pharma industry, where supply chains and the transparency behind them are of absolute importance. With a strong personal interest in blockchain technology, he understands the potential to improve important areas in the supply chain of companies with Web3 and will support me in this Proposal.

What are the key milestones you need to achieve in order to complete your project successfully?

Milestone 1: Research and Exploration

A: Milestone outputs:

  • Comprehensive research documentation on supply chain transparency challenges and existing traditional solutions.
  • Evaluation report assessing the suitability of the Cardano blockchain for addressing these challenges.

B: Acceptance criteria:

  • Research documentation includes an in-depth analysis of supply chain transparency challenges, traditional solutions, and their limitations.
  • Evaluation report provides insights into how the unique features of the Cardano blockchain could potentially address the identified challenges.

C: Evidence of milestone completion:

  • Research documentation detailing findings, methodologies, and conclusions.
  • Evaluation report outlining the analysis of the Cardano blockchain's capabilities in addressing supply chain transparency challenges.

Milestone 2: Conceptual Design

A: Milestone outputs:

  • Detailed conceptual design blueprint for the supply platform on Cardano.
  • Outline of key features and functionalities derived from research findings.

B: Acceptance criteria:

  • Conceptual design blueprint includes a clear overview of the platform's architecture, components, and user interface.
  • Key features and functionalities are defined based on research outcomes and aligned with project objectives.

C: Evidence of milestone completion:

  • Conceptual design blueprint showcasing platform architecture, components, and user interface mockups.
  • Outline of key features and functionalities derived from research findings and integrated into the design blueprint.

Final Milestone: Concept Validation

A: Milestone outputs:

  • Validation report confirming the feasibility and potential effectiveness of the conceptual design.
  • Identification of any potential challenges or limitations that may need to be addressed in further development.

B: Acceptance criteria:

  • Validation report provides evidence that the conceptual design is technically feasible and aligned with project goals.
  • Any identified challenges or limitations are documented with proposed solutions or mitigation strategies.

C: Evidence of milestone completion:

  • Validation report detailing the outcomes of concept validation activities and their implications for the project.
  • Documentation of any challenges or limitations identified during the validation process and proposed approaches for addressing them.

Who is in the project team and what are their roles?

Phil Isenmann - Project Lead

Florian Schmieg - Expert (+administrative and operative support)

Please provide a cost breakdown of the proposed work and resources

Milestone 1: Research and Exploration

A: Comprehensive research documentation: 16,000 ADA

B: Evaluation report on Cardano suitability: 6,000 ADA

Total cost for Milestone 1: 22,000 ADA

Milestone 2: Conceptual Design

A: Detailed conceptual design blueprint: 22,000 ADA

B: Outline of key features and functionalities: 8,000 ADA

Total cost for Milestone 2: 30,000 ADA

Milestone 3: Concept Validation

A: Validation report: 12,000 ADA

B: Identification of challenges or limitations: 6,000 ADA

Total cost for Milestone 3: 18,000 ADA

Overall Budget Estimate: 70,000 ADA

Our project will leverage expertise and already conceptualized solutions in infrastructure to foster collaborations for a potential development after the conceptualization and ensure compatibility with existing systems, reducing implementation time and costs.

How does the cost of the project represent value for money for the Cardano ecosystem?

The cost breakdown for the project aligns with industry standards and reflects the value it brings to the Cardano ecosystem. The costs were determined based on factors such as the expertise required for each milestone, the complexity of the tasks involved, and the time investment needed to achieve the desired outcomes.

For example, the costs associated with Milestone 1, which involves comprehensive research and evaluation, are higher due to the intensive nature of these activities. Research documentation and evaluation reports require meticulous attention to detail and expertise in analyzing complex data, justifying the costs.

Similarly, Milestone 2, focusing on conceptual design, requires in-depth planning and expertise to develop a detailed blueprint for the supply chain transparency platform. The costs associated with this milestone reflect the specialized skills and effort required to create a comprehensive design that aligns with project objectives.

Lastly, Milestone 3 involves concept validation, which entails thorough testing and analysis to confirm the feasibility and effectiveness of the conceptual design. The costs for this milestone reflect the resources needed to conduct rigorous validation activities and ensure that the project's goals are met.

Overall, the costs are proportional to the value delivered by the project. The expertise and effort invested in each milestone contribute to the development of a robust solution that accelerates the adoption and practical application of Cardano blockchain technology within supply chain management. This represents value for money for the Cardano ecosystem by fostering innovation, driving efficiency, and enhancing transparency in supply chain operations.

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