With a network-driven solution strategy spanning the entire Extended Supply Chain, Proteus opens up the possibility for this Metaverse of solutions and players to eventually tile this domain space paving the way for rapid digitalization. The enterprises that get onboarded in the context of their partners would eventually benefit from the network. The industry product standardisations we have made enable seamless onboarding, pilots and adoption with the least change management. Today we have solutions spanning cross-border trade and contract manufacturing in the supply chain space.
- Manage Risk Compliance by operating in “your” Trust Boundary (Enterprise Context)
- All Business Transactions are P2P (Peer-to-Peer) and Governed by Business SLAs (enforced intelligently via Smart Contracts)
- Manage Data Anonymity & Privacy through Zero-Knowledge Proofs (Cryptographic Hashes)
- Digital Identities for all Participants/Parties providing Tamper Evidence for all transactions
- Distributed Ledger act as the Data bus that provides near real-time data availability for all parties
- Data-backed SLA Tracking and Insights at all stages of the digitised business process
- “Turing Equivalent” Smart Contracts (Digital Twin) for your Business/Service Agreements (ensuring Process, Regulatory and Statutory compliance).
- Multi-Party Consensus via Smart Contracts with Near-Realtime Auto Reconciliation of data at all steps in the process
- Transparent & Immutable Audit Trail for all transactions
- Connect the missing dots ONLY (systems, processes, parties & associated data)
- Complement existing systems (including Enterprise Resource Planning, Trade Management, Risk Management, Business Process Management, Document Management etc.)
- Leverage Business Process familiarity through an e cient translation of Business Contracts to Smart Contracts
- A Network solution model with Trusted Parties increases Adoptability, Accessibility & Reachability for Business Partners.
- KYC for Business Partners, Business Policy-driven Authorisations and ease of Partner Onboarding /Management promotes trusted interactions
- Platform API ecosystem aids systems Integration (ERP, IAM & other Core Enterprise Systems)
- No-Code platform aiding Transformation and Innovation at speed/scale with Ease of Solution Design, Deployment & IT Governance
- Experimenting (Concept, Pilot and Adoption) with “Industry inclusive” consortia-driven models collaboratively on a strong SME and partner network
- Easy leverage of key exponential technologies, including AI-ML, Web 3.0 (Blockchain) and complementing Industry 4.0 initiatives
Value Proposition
The platform layer is responsible for creating products (via the configuration builder), manifesting products (via the virtual machine), and providing auxiliary services, including document digitisation (via CDA), document management (via DFC) and integration management (via BCLink).
The product layer is responsible for the standard product definitions (domain-specific), including business types, rules, flows, events, identities, roles and permissions.
The solution layer is responsible for the customised product definitions in the context of a customer.
Technical components of dltledgers MESCBN platform
Our platform attributes enable seamless transactions across your supply chain flow
Design Considerations for Enterprise Blockchain Applications
These considerations have been carefully hand-picked to facilitate quality solution enablement with high flexibility, quality, and reduced time to market.
Ability to create solutions for diverse domain contexts
We have Blockchain driven multi-party solutions in Commodity Trade, Trade Finance, Sustainability, Supply Chain Provenance, Logistics, Automotive, and Manufacturing.
Ability to enhance/refactor components/APIs with minimal impact on the rest of the system
Proteus is designed with deep consideration for change at its core. It is quite modular and flexible when it comes to provisioning technical capabilities, including Distributed Ledger, Smart Contracts, Configuration Management, Configuration Builder, Identity Management, Access Management, Secure Document Storage, Document Digitization, Subscription Management, Tenant Administration, Pricing Models, Transaction Logging, Transaction Monitoring, Rule Engine and 3rd Party Integrations (ERP, Payment Systems, Core Banking, Logistics). The platform layer consideration and associated architecture facilitate seamless pluggability for these modules by isolating these core technical components from the product/solution layer.
Every interaction and event would be recorded for statutory and fiduciary compliance.
Every interaction in the system is subject to a legal business agreement between parties. We have this consideration deep-rooted in our platform. We maintain an immutable trail of interactions in a distributed and tamper-evident ledger. The entire software assets (including configuration, code, system data, documentation, and release notes), bundled with the distributed platform, would be digitally signed by #dltledgers. These fingerprinted and versioned assets guarantee auditable and behavioural consistency against the various feature releases made per our Platform/Product Roadmap and Service SLA/SLOs. In addition to this, every aspect of the application lifecycle management (ALM) and development operations (DevOps) are process-driven and automated with standard operating procedures (SOP). Thus complete provenance of the software assets that enable business for the customer is maintained.
Increase trust through blockchain, digital signatures, consensus, and smart contracts
Trust will form the backbone of our platform-driven value proposition to our customers. As outlined, the business domain model is going to be decomposed into tangible configuration tenets (including domain model, rules, flows, events, identities, roles, and permissions) that constitute the Smart Contract (immutable and signed code), making it the perfect enforcer of the legal business agreement between parties/stakeholders. Thus there is absolute transparency and system-driven automatic consensus provided by the platform, eliminating room for human/system error concerning SLA adherence in business operations. The platform simplifies the process of onboarding and validating these smart contracts for the users. In addition, the platform would provide a suitable incentive for customers to do KYC as part of their onboarding process. This fosters additional trust in the network for more parties to join and collaborate globally.
Enabling others to use, configure and extend the current functionalities and features
We have factory-enabled the whole development process, thereby leveraging the strengths of teams, including Product Management, Customer Support, Trade Operations, and Engineering. We have the means to bring in ecosystem players, including System Integrators, Researchers, R&D Teams, and other Service Providers (FinTechs, Technology Partners) to build solutions on our platform. We have segregated the software factory assembly line across 3 Layers to aid extensibility. They include Platform, Product, and Solution. The platform would be maintained and enhanced solely by #dltledgers and supporting technology partners. Ecosystem players would help co-create products and solutions for our customers.
Ability to integrate with heterogeneous systems via APIs, industry standards, and open protocols
Seamless Interoperability and Integration is a core feature of the platform in the context of enabling collaborations, data insights, and decision-driven automation. This empowers the system to work in an integrated and holistic manner to enable digitalization for the enterprise. We have adopted open specifications, open protocols, and industry standards for many core features, including Identity Management & SSO (with OAuth), Data Security (with PKI encryption schemes), Digital Identity with Public Key Certificates (X509), Cryptographic Hashing (SHA 256), REST (over SSL), BAPI interfaces (SAP), ISO (for Master Data), SWIFT (for instruments like Documentary Credit), DCSA (for trade processes and artefacts), UCP (for trade finance compliance) and Open Banking (for bank driven payments and other interactions). We have a dedicated component named BCLink (Blockchain Connect Link) as part of Proteus that facilitates seamless 3rd party integrations.
Everything fails! Build resilience in every component/layer.
We understand the criticality of our customer business and associated continuity. We have brought high stability to the platform by making it predictable and consistent. The boilerplate code is abstracted in the core platform framework, isolating key design decisions from the developer as in conventional application development. The platform code assets are solely maintained by the core Architecture team at #dltledgers. There is little or no room for error based on developer skill variability. The architecture is quite modular to suit the decentralized context, and the platform is equipped to handle di erent levels of failure. Business exceptions and Technical exceptions are gracefully handled by the platform giving recovery options (both manual and automatic) for the user to maintain Business Continuity
Design as a heterogeneous system with the flexibility to leverage evolving technologies and stacks
#dltledgers understands the relevance of evolving technologies, stacks, and their role in shaping business solutions. We have factored a great deal of layering in the architecture to reap the benefit of these over time. This key consideration hedges any risk of our value proposition (platform) to stay relevant and competitive. With the advent of key technologies and platforms, we may need to revise our considerations for various technology components, including Distributed Ledger, Data Stores, ORM, Cache, Enterprise Application Integration (EAI), Rule Engine, UI, Digital File Cabinet (DFC), and Cognitive Document Automation (CDA). Today we leverage R3 Corda for the Distributed Ledger, many Open Source (OS), and Platform As A Service (PAAS) components on the MS Azure cloud. We have designed the platform to have high degrees of substitutability and interoperability for these components concerning any evolving stacks.
Breaking the design of a system into many atomic, independent, and reusable components/APIs
We have created a No-Code platform (code-named Proteus) that enables rich feature compositions through configurations. These configurations help encode any business domain into Smart Contracts through a simplified process. We have a Proteus Virtual Machine (PVM) at the core that can consume this Smart Contract, encoded as configurations, to enable a contextual solution without compromising the user experience. Proteus is conceived as a Universal Turing Machine (UTM), which helps create domain-specific products and solutions (Turing Machines). This is an integral component that constitutes the IP of dltlegers!
Ability to scale at a service/component level
This is, again, a major consideration in the platform architecture and deployment model. For maximizing compliance concerning data security and privacy, a private and permission-driven network is leveraged for collaboration in various contexts with a Distributed Ledger (backed by Smart Contracts) to regulate data flow across parties securely. The network is designed to scale and grow as more parties join the network. This network with #dltledgers as the Network Operator/Admin will have multiple groups to auto-govern solutions across parties in various functional domains. The groups facilitate accessibility and visibility for parties in the context of their operational space. This o ers flexibility and isolation for enterprises and financial institutions (FI) to have closed groups of business partners. This truly helps to create innovative business collaboration models on the same Network, yet have fine degrees of control by the network and group admins.
Fundamental distributed architecture considerations for data Compliance.
Aligning with the philosophy of Blockchain and Distributed Ledger Technology (DLT), we have adopted a path of decentralization for the core of our platform, where our customers are sole custodians of their processes, data, and associated governance. They get to choose their data boundaries (both at a geographical and network level) regarding data storage and distribution. There is an absolute distinction between o -ledger (intra-enterprise) and on-ledger (inter-enterprise) processes and data. This is governed by enterprise-level access privileges on a shared private ledger. Data at rest is secured using 256-bit AES Encryption (FIPS 140-2 compliant). Data in motion/transit leverage protected network channels with SSL/HTTPS over TLS. Customers can choose the infrastructure (on public cloud, private cloud, and data centres). These security and privacy standards are then applied and enforced as part of customer node provisioning in the network.
The Industry’s Most
Reliable Data
Our exception management system uses the most reliable data from the source itself to give you actionable insights to make your supply chain process streamlined
Digitalize
Collaborate
Authenticate
Your Network, Your Way
Build your business network using our low-code platform. Our easy onboarding and scale-as-you-go model will strengthen your supply chain process and bring all your stakeholders on a single platform.
Faster onboarding of business partners
Of transactional activities can be automated
Reduction in manual error, improving the data integrity
The App Hub
your digitalization journey.
