ABOUT :
- KoineArth is a startup working at the intersection of blockchains, machine learning, and mechanism design. The word KonieArth combines Koinne (Greek “shared”) and Arth (Sanskrit “meaning”).
- The name captures the spirit that a group of individuals become a community when they share the same purpose or meaning.
TECHNOLOGY:
- The company uses blockchain technology which provides transparency and improves security. The platform also allows a group admin to determine the level of decentralization within the group, it can decide whether or not the private blockchain should be connected with the public blockchain.
- KoineArth’s platform offers solutions for inventory visibility, invoice financing, and contract enforcement.
- The company is seeing applications of this platform from customers across sectors like manufacturing, agriculture, and finance
BLOCKCHAIN TECHNOLOGY:
- Blockchain technology is basically a distributed database.
- A blockchain structures data into blocks that are strung together.
- The information entered into a block can be recorded and viewable to everyone but not to be edited.
MVP of KoineArth:
- The MVP of KonieArth is marketsN which is the future of digital supply chains.
- marketsN is the platform where all the cross-enterprise collaboration can happen.
- marketsN digitizes SLA enforcement with smart contracts leading to automated reconciliation and fewer disputes.
- Further, KoineArth marketsN is a collaboration platform that is a cloud-hosted blockchain and AI-based product.
The KoineArth
- The marketsN platform uses blockchain which makes it secure.
- The company has developed a collaboration platform marketsN to bring real-time workflow, which helps enterprises reduce transaction costs.
- Using the solution, a business can bring together all the suppliers for getting a real-time picture.