ChainWood | Blockchain for inmutable timber

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.