Aeries Blockchain add AI Module in their Supply Chain Financing Platform

Fintech startup Aeries Blockchain Corporation is utilizing avant-garde Blockchain and A.I. solutions to build a revolutionary platform for supply chain Financing.

17 October 2018, Canada Leading Enterprise Blockchain and AI solutions provider Aeries Blockchain Corporation has added another specialty to its blockchain based supply chain finance solution i.e. integration of Artificial Intelligence.

By incorporating Artificial Intelligence with blockchain innovation, the company aims to create a secure ecosystem, where businesses can save on costly audits and enhance the efficiency of their supply chains.

Planned features include supply chain automation deploying blockchain, artificial intelligence (AI), machine learning (ML) and Internet of Things (IoT) technologies for a platform that can integrate with existing ERP solutions. The solution will offer smart contracts to facilitate transactions and movement of data between systems, Aeries Blockchain explained, as well as streamlined on boarding of supply chain partners, including producers, distributors, shippers, retailers, and auditing and reporting portals.

Pankaj Pathak, Chief Technology Officer at Aeries Blockchain Corporation had these words to say about the global supply chain market. “One of the major problems of the global supply chain industry is lack of transparency, connectivity, and agility. With global trade increasing at a tremendous rate and boosted by e-commerce in the US, supply chain players around the world are looking at technology to help them reduce costs and be more efficient in their processes.

About Aeries Blockchain Corporation Aeries Blockchain Corporation is a U.S. based blockchain and AI development firm and a global leader in building enterprise-level blockchain applications. Their team, distributed across Europe and Asia is focused on using blockchain and AI to bring industries closer to the mainstream.