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 […]

02

Dec

Fintech Taipei 2019

CTIA introduces production management system TaaS at Fintech Taipei 2019 “Fintech Taipei 2019” Exhibition Report CTIA (head office: Singapore, CEO: Mitsuru Tezuka), which provides blockchain solutions and services, exhibited at “Fintech Taipei 2019” held in Taipei, Taiwan on November 29 and 30, 2019. At this event, CTIA’s booth was set up in the SFA pavilion in the Fintech Space & Startups area to explain the traceability as a service production management system (Taas) developed and provided by CTIA and gave examples of various industries that can optimize their workflow using TaaS. Participants familiar with Taiwan’s finance and fintech industries and major banks visited the booth. Taiwan aiming to become the world’s fintech hub This event has been held since 2018 with three main goals: to promote Taiwan’s domestic fintech industry; to support their companies and startups in order to improve the competitiveness of Taiwan’s financial sector; and to accelerate innovation in the financial industry. In the opening ceremony, Taiwanese government officials and financial institutions representatives, including Mr. Tsai Ing-wen, President of Taiwan, spoke on the promotion and development of Taiwan’s financial industry. In addition, in response to the World Trade Organization (WTO) deregulating the participation of children under 12 years in specialized exhibitions, children under 12 years old were also allowed to participate this year to encourage the education of future fintech unicorns and to create interest in the growth of FinTech and Taiwan related industries. Fintech companies and specialists gathered from all around the world In addition to the large and small companies that lead Taiwan’s technology industry, participants included more than 240 financial institutions and more than 100 startup companies from 13 countries. At the main stage of […]

28

Oct

CORDACON LONDON 2019

CTIA demonstrated TaaS at CordaCon, an R3 Developer & Business Partner Conference in London “CordaCon London 2019” Exhibition Report On October 23 and 24, 2019, CTIA (Headquarters: Singapore, CEO: Mitsuru Tezuka) exhibited at a tech conference “CordaCon London 2019” sponsored by R3 in London and demonstrated a production management system “TaaS” The recently announced production management system “TaaS: Traceability as a Service” using distributed ledger technology is a new service that CTIA has been developing insince 2019. By introducing TaaS into today’s complex supply chain, it is possible to smoothly execute the work records of each process performed based on the production plan, and all the things related to the supply chain can be seamlessly recorded and the recorded data can be shared with other organizations. Various developments based on Corda announced at “DevDay” The first day of the event was entitled “DevDay”, and the development status and progress report of Corda was mainly given by R3. R3 company CEO, David E. Rutter, and other technical personnel involved in the development presented a session speech introducing an update of the Corda system on the main stage of the venue, and participants listened to the speech intently. An important announcement this time was that Corda Enterprise has been updated to 4.2 and implemented on Microsoft Azure, a cloud platform service developed by Microsoft. As a result, the safety of Corda and the convenience of the development environment will improve, and system demand is expected to increase. “BizDay” where trends of the blockchain industry and example cases of Corda were introduced Following “DevDay”, “BizDay” on the 24th featured a talk session by industry leaders and regulators familiar with blockchain at the main […]