Blockchain
One Network Galvanizes the Multi-Enterprise Ecosystem with ML & AI Enhancements to Latest Version of its Real Time Value Network
One Network Enterprises, a global provider of secure, multi-party business networks that enable autonomous supply chain management, today announced the availability of the latest version of its Real Time Value Network (RTVN). Version 22 continues to enhance the customer-driven, agile, and responsive business network that enables companies to onboard once and be connected to a rich ecosystem of trading partners so they can effectively manage, optimize and automate multi-party processes.
Underpinning the new functionality in 22.0 is NEO, the Company’s proprietary machine learning (ML) and intelligent agent technology that makes and executes decisions and supports autonomous supply chain management. NEO identifies patterns, trends, and anomalies and extracts insights to inform execution decisions and make recommendations. NEO monitors millions of outcomes of decisions across the network and uses ML to continually improve decision-making abilities and results. It also enhances the current Control Tower services and includes key performance enhancements that is designed to support high volume, high transactional networks such as Telematics/GPS and IoT applications.
“Using real-time, critical supply chain data, One Network’s platform continues to help companies improve their operational efficiencies by providing valuable insight and network-informed recommendations that drive positive business results,” said Greg Brady, CEO of One Network Enterprises. “The combination of the consumer-driven multi-party network, our autonomous supply chain technology and customizable network agents, plus our depth of supply chain expertise, helps customers gain greater business value and a stronger competitive advantage in a matter of months not years.”
Additional platform enhancements include:
- NEO is enhanced with new simulation skills and a new stream processing framework to support high volume Internet of Things (IoT) data streams.
- Dispute Management enables the creation, and management of disputes for any and all parts of a shipment.
- Blockchain Support improved functionality orchestrates permissions across, and writes transactions to, multiple blockchain networks. Blockchain-enabled transaction throughput has been boosted to in excess of 100 transactions per second and now supports Hyperledger Fabric (in addition to existing support for Ethereum).
- High-Fidelity, What-If Scenarios available to customers through NEO’s micro-simulation skill. This enables end-users to perform complex network-altering, what-if scenarios to study the effect of the proposed change even before they are implemented.
- Stream Processing Framework handles high-volume data sources and events such as those from GPS and IoT sensors.
- Time Bounded Role Assignment allows organizations to grant temporary permissions and assign roles to users for delimited time periods.
The new version significantly enhances the Supply Chain core as well as other industry cores. These industry cores provide rich and nuanced functionality for specific industries, including Aerospace and Defense, Automotive and Manufacturing, Consumer Goods, High Tech, Humanitarian and Pharmaceuticals. They do this by providing industry-specific data models, terminology, functionality and workflows.
Supply Chain Core Enhancements
NEO enhancement also improves the central Supply Chain core bringing improved performance to autonomous skills including, forecasting, replenishment, supply allocation, inventory planning, and multi-tier material planning. Other supply chain core enhancements include:
Item Catalog /GS1 with enhanced admin and standard user functionality, allows Admin users to manage schema definitions and associate schemas with product hierarchies; allows Standard users view and update attribute values on new the Item Attributes tab.
Streamlined Partner Onboarding with self-service onboarding that simplifies the onboarding process. Now customers can quickly search for, and establish partnerships with, organizations already in ONE. They can also easily invite organizations to join ONE if they have not already joined. Customers have complete visibility to invitations and their statuses.
Task Orders are a set of instructions with optionally associated transactions which can be assigned to specific users.
Rule-Driven Document Holds that trigger document holds when users do not upload required Documents within a preconfigured time.
Many other functions have been added, improved and redesigned, including Logistics, Sales & Operations Planning, Order Management, Warehouse Management, Optimized Execution, and Manufacturing.
SOURCE One Network
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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