🎆Working Method(Solution)

VirtualRobotCEO’s Solution Providing credible data through a public ledger based on blockchain VirtualRobotCEO will provide a credible public ledger by recording information that is needed for collaboration such as the freight’s contract information, freight’s condition, the participant’s previous records, and their available resources on the blockchain. This will lay the foundation of the logistics platform. For example, the platform participants can easily access the recorded data. At the same time, the tamper-proof data will provide the transparency needed for collaboration. This will allow Virtual Robot CEO to provide a safe environment for collaboration and solve the problem of lack of trust which was a major drawback in the logistics industry.

In order to ensure collaboration among participants, it is essential to clearly acknowledge the contribution and responsibility of each participant to minimize disputes. Currently, data isn’t being shared among logistic companies because each company is creating and managing their own data. If a problem occurs under such circumstances, trusting another company’s data is difficult since data owners can tamper the data to their advantages. For example, a problem can occur if temperature control is mismanaged during the transportation of pharmaceutical products in cold chain. However, under the current structure, it is possible to tamper the data of the previous storage temperature and avoid any responsibility. Such unreliable data will make it difficult to clarify where the responsibility lies when a problem occurs during collaboration. Furthermore, the high costs spent to prevent such disputes often defeats the purpose of collaboration.