CTIA Co., Ltd CTIA exhibits Corda-based production management system at “Singapore Fintech Festival 2019”
CTIA Co., Ltd
CTIA exhibits Corda-based production management system at Singapore Fintech Festival 2019
Exhibiting Corda-based traceability system at FinTech event organized by Monetary Authority of Singapore
CTIA (head office: Singapore, CEO: Mitsuru Tezuka), which provides blockchain solution services, will be held from November 11 to 13, 2019 in Singapore. The booth at the Fintech event “Singapore Fintech Festival 2019” has been decided.
At this event, CTIA will demonstrate and explain the traceability as a service production management system based on Corda from R3. [Image
CTIA is working to provide a traceability as a service production management system that utilizes R3 Corda’s distributed ledger technology to achieve traceability in the supply chain.
Traceability as a Service (hereinafter TaaS) is difficult to realize with conventional CRM / ERPT by using blockchain for the purpose of grasping all things and operations and managing all history. Enables planning and record matching operations between different
organizations. In matching production plans and work records, using smart contracts and handling products as tokens can save labor in various management tasks such as inventory management, and greatly improve the operational efficiency of high-mix low-volume production. It will be possible. In addition, management costs and standby costs can be significantly reduced by utilizing this technology in business-to-business and international trade. In the conventional system, there is a possibility that the history may be falsified. TaaS functions as a production management system to solve these issues. The other day, CTIA exhibited at “CordaCon London 2019” held in London and exhibited the SGX demonstration machine operated based on Corda developed by R3. The demonstration at that time will be carried out with the setting of the production side and the arrival side of kiwi, and the production company will carry out the process of harvesting and boxing and preparing for shipment, and carrying out the process until shipment, and the arrival side In the company of, the arrival schedule was collated with the barcode and the arrival work was carried out.
Similarly, the Singapore Fintech Festival 2019 can be used to demonstrate the process from production recording to shipping and receiving using the demonstration app. The CTIA booth at this event will be set up in the exhibition booth of the Singapore Fintech Association (SFA).
Singapore Fintech Festival 2019
The Singapore Fintech Festival is the world’s largest financial technology event organized by the Singapore Monetary Authority (MAS). Held every year since 2016, this year is the fourth year of this event, with financial institutions, technology development companies, and startup companies from all over the country participating to build a comprehensive network of fintech inclusiveness and information exchange and new development projects. Global platform. Last time, more than 400 exhibitors from 16 countries participated and mobilized approximately 45,000 people from 130 countries. This year, it will be held on four themes to promote the financial ecosystem:
sustainability, financial future, investment and international market opportunities, and exponential technology.
Singapore Fintech Festival 2019
Organizer: Singapore Monetary Authority
Date: November 11, 12, 13th, 2019
Venue: Singapore Expo Convention & Exhibition Center
Address: 1 Expo Drive, Singapore 486150
CTIA is a system and consulting company that aims to solve various management issues and social problems of companies with the latest technology such as distributed ledger technology and blockchain. We aim to realize a “token economy” that enables verification of various transactions and information using tokens by approaching existing systems and areas where technology could not be applied. We will provide solutions that make the most of the regional
characteristics from each base in the world, and develop tokenization in all fields globally.
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