VOLUM Partners with global wine and spirits producer ISBG to implement its Blockchain Based “Track and Trace” platform

VOLUM, the blockchain ecosystem for enterprises, recently got engaged with ISBG, a global wine and spirits producer, to streamline its supply chain process. It is set to use a track-and-trace platform to digitize the workflow and decrease traditional paperwork. VOLUM is partnering with ISBG to implement its “Track and Trace” platform – using its operational smart contracts – into its sales and distribution process.

VOLUM has developed a Blockchain framework that converts traditional paperwork into a digital process, whilst securing all the operations across the company’s business. It exploits Blockchain technology with an ecosystem that is specially developed for farmers, manufacturers, distributors, public utilities, governing agencies, financial institutions, and IoT data hosts. It offers complete transparency, full-length security and simplifies workflow processing allowing enterprises to install “track and trace” platform using smart contracts and blockchain validation. Moreover, enterprises can easily access all the functionality from a single dashboard – so they can track and trace their business data, view smart contracts, and oversee the progress of the whole supply chain.

ISBG will incorporate the VOLUM platform into its supply chain process to distribute its alcoholic beverages, and distillery products to ensure simplified and reduced paperwork, that is also transacted safely and in a timely manner. VOLUM has a diverse portfolio of companies that are using its platform for a trial period, which includes firms like bottle manufacturing, healthcare, construction, import and export, and liquor brands.

On this occasion, Arnaldo Detrés, Co-Founder of VOLUM said:

“We’ve created an entire ecosystem in which various industries can execute a supply chain process at the same time digitizing myriad of procedures using single dashboard. We’re very proud to announce ISGB as our first portfolio company to successfully install our blockchain technology, and look forward to helping them achieve optimal revenue and customer satisfaction.”

Further, Alonzo Pierce, President, and Chairman of ISBG mentioned:

“We will incorporate VOLUM into our supply chain system and use its technology as a combined method of blockchain and enterprise innovation that will result in both customer and revenue growth. We’re ready to employ this accelerated pace of paperwork processing alongside the tracking and tracing of product distribution that we operate globally.”


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Manisha Agrawal

Manisha Agrawal is a cryptocurrency and blockchain enthusiast. She has worked as a content writer for two years and worked as a research based blockchain blog writer too. Also, she worked as a crypto news writer with various known firms like Crypto-News India, Coingape and The Coins Report.

Share
Published by
Manisha Agrawal

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

3 months ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

3 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

3 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

4 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

5 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

5 months ago