Adents, Microsoft unveil combined blockchain, AI, IoT and serialization solution

Blockchain presents unprecedented opportunities to secure entire supply chains, yet comprehensive end-to-end security means more than documenting transactions on a shared ledger. Challenges include:

• In-depth understanding of cross-standard serialization protocols
• Ability to define data governance and security policies based on industry standards and business processes as stakeholders are reluctant to share business information and compliance issues impact their governance
• Enormous data volume (hundreds of billions of products circulating worldwide annually) requires powerful AI and BI solutions
• Syncing complex business processes to understand the supply chain, and adapting IT solutions to meet existing and future stakeholder requirements

Above all, Adents NovaTrack is a marriage of technologies: The solution utilizes Blockchain, A.I., IoT and serialization functionalities that, when combined, bring comprehensive visibility throughout product distribution chains & life cycles. The result is a solution highly mindful not only of performance and security but also governance and scalability. Adents NovaTrack’s foundation includes:

• A “Blockchain as a service” approach allowing each supply chain participant to either run blockchain nodes on premises or via the Cloud. In the vast majority of cases, a cloud-first blockchain strategy is preferable, as it simplifies technology life cycle management, security, scalability and resource allocations.
• Embedded security features – including consortium Blockchain mechanisms such as identity management, PKI and encryption – ensuring only trusted participants are members of the Blockchain.
• Artificial Intelligence via Microsoft Machine Learning and Business Intelligence Services gives the ability to collect and analyze data to transform massive amount of data into actionable business insight.
• Communication standards compliance for various industries, including pharma and other particularly stringent sectors.

Microsoft Blockchain framework utilizes the Azure Intelligent Cloud platform to provide real-time performance, high scalability, granular business-driven data privacy and security, and energy-efficient consensus. Microsoft Blockchain platform is secure by design, and offers the largest compliance portfolio in the industry.