CTIA announced business solutions on R3 Corda that bring finance and industry closer together

A new solution has been born that allows all stakeholders such as producers, manufacturing companies, trading companies, certification bodies, transport companies, warehouses, retail stores, banks, securities companies, insurance companies, unions, etc. to participate in one platform. Using distributed ledger technology, CTIA has developed a business solution, “Traceability as a Service,” to solve problems in various industries. “Traceability as a Service” is a solution that supports optimization of business efficiency according to demand regardless of the size of the organization. Prior to the launch of the service in November, an introductory demonstration of a supply chain was presented at CordaCon 2019 on October 23 and 24, 2019 in London, England. By introducing “Traceability as a Service”, the solution will bring about an innovative workflow with real-time features which have been difficult to carry out effectively with traditional systems. In the supply chain, which is one of the areas where this system is expected to be effective, organizations such as participating producers, manufacturers, certification bodies, transportation companies, warehouses, trading companies, retail stores, etc. often plan and manage their own production plans, transportation plans, and inventory plans separately. In addition, as lot numbers complicated with demand increases in the organization of companies involved in manufacturing, the risk of human error also increases. For this reason, in the event of sudden changes in demand or in product specifications, artificial workarounds such as the establishment of a department to supervise are implemented, which forces a heavy burden on the movement of the entire supply chain. At present, many of these problems occur in many organizations. CTIA develops business solutions that can be introduced by any organization, large or small, to realize a supply chain that […]

CTIA exhibits a Corda-based production management system at Singapore Fintech Festival 2019

Exhibiting a Corda-based traceability system at the FinTech event hosted by the Singapore Monetary Authority. CTIA (head office: Singapore, CEO: Mitsuru Tezuka), which provides blockchain solutions and services, will host a booth at Singapore Fintech Festival 2019, the fintech event hosted by the Singapore Monetary and Financial Services Agency, which will be held from November 11 to 13, 2019 in Singapore. At this event, CTIA will demonstrate and explain their production management system “Traceability as a Service” based on Corda from R3 CTIA is developing “Traceability as a Service” to provide a production management system that utilizes R3 Corda’s distributed ledger technology to achieve traceability in the supply chain. This can be achieved by utilizing blockchain for planning and record matching operations between organizations that have been difficult to achieve with traditional CRM / ERP. By using smart contracts to match production plans and work records, and handling products as tokens, it is possible to save labor in various management tasks such as inventory management and to significantly improve the operational efficiency of high-mix low-volume production. In addition, management costs and standby costs can be significantly reduced by utilizing this technology in business-to-business transactions and international trade. CTIA previously exhibited at “CordaCon London 2019” held in London and exhibited the SGX demonstration machine operated on Corda developed by R3. This demonstration was conducted by showing the production and receiving sides of a kiwi as an example. Company A would raise, harvest, and box the kiwis and prepare them for shipment. Then Company B on the receiving side would collate the arrival schedule with a barcode and perform the receiving work. Similarly, at this “Singapore Fintech Festival 2019”, it will be […]

Opening CTIA’s new satellite office in Tokyo

To promote DX and develop SDG initiatives from Ginza, Tokyo CTIA (Head office located in Singapore, CEO: Tezuka Mitsuru) is pleased to announce the opening of its new satellite office in Ginza, Tokyo, on February 1, 2020. We will now strengthen our commitment to companies and society by promoting DX (Digital Transformation) and SDGs (Sustainable Development Goals) in Osaka and our new Tokyo satellite office. Our business expansion will allow us to broaden our communication channels with many companies located in the Tokyo area and support more business activities. In addition, we will staff a sales office to have business consultations, workshops, and round table activities. Our objective is to ensure further open innovation in Ginza, Tokyo which is an important business hub, and to create new business opportunities by connecting with different industries. Our staff, with experience in big companies, is waiting to welcome you to our Tokyo satellite office. CTIA TOKYO Kirarito Ginza 11F, 1-8-19 Ginza, Chuo-ku, Tokyo, 104-0061 CTIA Co., Ltd. CTIA is a venture company that promotes DX and engages in consulting and system development based on leading-edge technologies such as DLT (Distributed Ledger Technology), AI, and IOT to solve business problems and international social issues. We will provide the most suitable DX solution for system designs of workflow for clients through sampling and analyzing management issues and social problems with our experienced professional team.