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Adents and Microsoft Introduce Combined Blockchain, AI, IoT & Serialization Solution

Adents and Microsoft Introduce Combined Blockchain, AI, IoT & Serialization Solution

Adents has developed, Adent Novatrack,  a new unit-level product track & trace platform utilizing Blockchain and AI technologies in collaboration with Microsoft, leading serialization and track & trace solutions provider.

Christophe Devins, founder, and CEO of Adents said, “Our alliance with Microsoft to co-develop Adents NovaTrack will offer game-changing Blockchain-based unit identification for various industries around the world. Our deep roots and successes in serialization and traceability, enhanced by Microsoft Azure Cloud technology, will provide our clients total transparency all along their supply chains and secure product authenticity for end users.”

An estimated 10% of pharmaceutical products sold worldwide and 2.5% of global imports are counterfeit, according to the Organization for Economic Co-operation and Development (OECD),
Blockchain helps in securing entire supply chains.

However, there are following challenges :
  • In-depth understanding of cross-standard serialization protocols
  • Ability to define data governance and security policies based on industry standards and business processes as stakeholders are reluctant to share business information and compliance issues impact their governance
  • Enormous data volume (hundreds of billions of products circulating worldwide annually) requires powerful AI and BI solutions
  • Syncing complex business processes to understand the supply chain, and adapting IT solutions to meet existing and future stakeholder requirements
Adents NovaTrack solution utilizes technologies such as Blockchain, Artificial Intelligence (A.I.), Internet of Things (IoT) and serialization functionalities. Together these technologies bring comprehensive visibility throughout product distribution chains & life cycles.

The result is Adents NovaTrack solution is performant, secure and scalable.
Adents NovaTrack foundation includes:
  • A “Blockchain as a service” approach allowing each supply chain participant to either run blockchain nodes on-premises or via the Cloud. In the vast majority of cases, a cloud-first blockchain strategy is preferable, as it simplifies technology lifecycle management, security, scalability, and resource allocations.
  • Embedded security features – including consortium Blockchain mechanisms such as identity management, PKI, and encryption – ensuring only trusted participants are members of the Blockchain.
  • Artificial Intelligence via Microsoft Machine Learning and Business Intelligence Services gives the ability to collect and analyze data to transform massive amount of data into actionable business insight.
  • Communication standards compliance for various industries, including pharma and other particularly stringent sectors.
Microsoft Blockchain framework utilizes the Azure Intelligent Cloud platform to provide real-time performance, high scalability, granular business-driven data privacy and security, and energy-efficient consensus. Microsoft Blockchain platform is secure by design and offers the largest compliance portfolio in the industry.

“We are delighted to work with Adents to develop NovaTrack, which will introduce valuable new ways of addressing traceability challenges throughout supply chains owing to our advanced blockchain and AI technologies. Microsoft’s Azure Cloud platform will ensure the secure international deployment of Adents NovaTrack to accelerate the fight against industrial counterfeiting.”, said Laurent Curny, General Manager at Microsoft Services France.

This post is subject to the original announcement.

PC:Adents

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Mandar Pise Opinions expressed by techsutram contributors are their own.

Mandar is a seasoned software professional & Fintech, Cloud, IoT, and Blockchain enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about Fintech, Cloud, IoT, AI and Blockchain, and the effects they will have economically and socially in the future.

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