Rootbox reduces customs work and unnecessary shipping for logistics has been saved
Rootbox reduces customs work and unnecessary shipping for logistics
Blockathon – Brussels June 2018
A team from Deloitte Belgium together with the start-up Seal Network were selected to participate in the finals of the blockchain hackathon that took place at AutoWorld in Brussels in June 2018. Powered by the European Union Intellectual Property Office (EUIPO), the event focused on how blockchain technology can help fight counterfeiting in the EU.
Making an impact together at Blockathon
The EUIPO and the European Commission invite the best and most pioneering teams to join the alliance against fake products and to co-create the next level of anti-counterfeiting infrastructure, by working directly with manufacturers, logistics companies, customs, retailers and consumers.
Top specialists in law, IP rights, anti-counterfeiting, track and trace, ecosystem dynamics, logistics and security were assembled to support the 11 teams selected for Blockathon, providing a unique opportunity to achieve the best possible solutions and to explore how blockchain technology can make a difference and lead to a better society.
The Blockathon was held at AutoWorld, a museum housed in an emblematic location built during the industrial revolution and used for the International Exposition of 1897, a time when society moved away from using horses to ‘horseless carriages’. The perfect place to return to the future to unleash the potential of blockchain technology and to make history together!
The team that created the largest blockchain hackathon in the world, Blockchaingers Hackathon, inspired and supported Blockathon.
Rootbox triumphs in logistics challenge
Deloitte and Seal Network won the logistics challenge with a product named Rootbox. Each product is embedded with a dynamic NFC (near-field communication) chip that cannot be duplicated itself, and is registered on the blockchain. This creates a digital version of a physical product, and puts the rights holder, not the manufacturer, in control of creating new products. The self-sovereign products can be shipped in a Rootbox, which is sealed with a tamper-proof chip that links to all the products inside the parcel, so you can see what is inside without opening the product. This is useful for customs risk analysis and results in zero liability for logistics, who are often penalised when the sender should be.
As the box passes through packaging and transport, the relevant stakeholders can add information, such as the weight of the box or the route taken, to both the box and the products inside. The customs document flow is converted into a data flow, so customs already knows before departure whether it should receive customs clearance. This reduces the workload for customs and unnecessary shipping for logistics.