blockchain; Internet of Things

Language English

Innovation

Yes

Owner or author e-mail

Main website

https://www.chainwood.eu/

Mobilization Potential

Very high, as this tools provides the necessary information in a secure way to improve and increase the mobilization of wood

Kind of wood concerned

Timber, roundwood

Sustainability Potential

This tool enables the companies and also private owners of small forests, to manage in the most efficient and sustainable way

Impact on environment & biodiversity

The impact is high in a positive way because smarter solutions can be performed with the best impact in the environment and subsequently for biodiversity

Ease of implementation

Very easy, and person with basic knoledge in modern technology devices can use ChainWood

Economic impact

The planning of a company or forest owner will be more accurate, therefore, this will turn into better economic results

Job effect

Good

Income effect

Positive

Specific knowledge needed

IT knowledge

Costs of implementation

No data

Key prerequisites

Digitalization

Domain

Inventory, monitoring

Products, markets, trade

Voting

Start Year

2018

End Year

2020

Keywords

blockchain; Internet of Things

Short description

<p>ChainWood operational group combines capabilities of the timber and forestry sector with companies and technology centers for the development of software based on blockchain and IoT technology that will contribute to improve traceability, competitiveness and efficiency in the sector.</p>

Digital solution

Yes

Type of solution

Traceability tools

Origin of wood

Forest

Exploitation potential

High

Abstract

The objective of the ChainWood project is to design and develop a secure software infrastructure based on blockchain and Internet of Things technologies, adjusted to all wood supply chains, allowing the different actors to make the most of their data and manage the product in a more efficient way in terms of cost, traceability and sustainability. The main solutions to problems detected are: transaction assurance, Real-time trusted information, Semi-automation of the operation, Accessible quality data, Improved competition.

Recommendations:

For producers: Real-time information on the volume and status of the product.
For the processing industry: Access to a huge source of raw material data that will allow them to optimize their supply processes and streamline the management of their operations.
For operating companies: Transparency and assurance in transactions, making the most of today's technology.
For control authorities: Cost reduction in auditing and control processes, as well as a more precise knowledge of supply chains.
For logistics companies: Information that will enable them to optimize their fleet and provide services more efficiently.
For public administrations: Easier access to timber data, allowing a more agile and efficient management of the processes they supervise.

Owner or author organization

FMC Forestal

Owner or Author name

Jesús Martínez

Owner or author website

https://www.fmc-galicia.com/

Reporter organisation

Cesefor Foundation

Reporter name

Ángela García

Reporter e-mail

angela.garcia@cesefor.com