Distributed Ledger for Supply Chain: Revolutionize supply chain management

Gretol Intelligence (GI) delivers transparency across the entire supply chain through a multi-party application framework with built-in safeguards to protect your data integrity and privacy.

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+51%
Increase in ROI
-90%
Reduced processes
99%
Reliability rate
100%
Tamper-proof & secure

WHY GRETOL?

Deliver Value Faster with Gretol Intelligence (GI)

Gretol Intelligence (GI) and Platform can help you automate, mutualize workflows, get real-time access to clean data and advanced reporting for all your Supply Chain needs. We do this by providing a secure, data-centric, end-to-end privacy-enabled distributed ledger to manage the entire business lifecycle.

Enhancing traceability
Supply chain networks can be limited by one-up/one-down visibility. Through distributed ledger technology that provides a shared, single version of the truth, Gretol Intelligence (GI) gives permissioned participants greater visibility across all your supply chain activities.
Resilient supply chain
One unexpected event can cause a cascading array of supply chain disruptions. Gretol Intelligence (GI) uses smart contracts that automatically trigger when pre-defined business conditions are met. This gives near real-time visibility into operations, and the ability to take action earlier should there be an exception.
Streamlined supplier onboarding
New supplier onboarding is a time-consuming, manual experience for both buyers and sellers in a supply chain. Gretol Intelligence (GI) speeds up this process through an immutable record of new vendor details that business network participants can trust.

Contact us for information on how Gretol can transform your business

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FAQ

A distributed ledger is a distributed, cryptographically-secure database structure that allows network participants to establish a trusted and immutable record of transactional data without the need for intermediaries. A distributed ledger can execute a variety of functions beyond transaction settlement, such as smart contracts. Smart contracts are digital agreements that are embedded in code and that can have limitless formats and conditions. Distributed ledgers have proven themselves as superior solutions for securely coordinating data, but they are capable of much more, including tokenization, incentive design, attack-resistance, and reducing counterparty risk. The very first distributed ledger was the Bitcoin distributed ledger, which itself was a culmination of over a century of advancements in cryptography and database technology.

Historically, databases have incorporated a centralized client-server architecture, in which a sole authority controls the central server. This design means that data security, alteration, and deletion rests with a single point of failure. The decentralized architecture of distributed ledger databases emerged as a solution for many of the weaknesses of centralized database architecture. A distributed ledger network consists of a large number of distributed nodes––voluntary participants who must reach consensus and maintain a single transactional record together.

When a digital transaction occurs in a distributed ledger network, it is grouped together in a cryptographically-secure “block” with other transactions that have occurred in the same time frame. The block is then broadcast to the network. A distributed ledger network is comprised of nodes or participants who validate and relay transaction information.

Distributed ledger technology has a wide variety of benefits, for both global enterprises and local communities. The most commonly cited benefits of a distributed ledger are trusted data coordination, attack-resistance, shared IT infrastructure, tokenization, and built-in incentivization.