UK Tech Companies Partner to Develop Blockchain-Based Parcel Tracking Application
Triad, a notable UK provider of IT consultancy services and technology solutions, has partnered with Stratis, a London-based enterprise blockchain technology company, for blockchain-enabled solutions to organizations including a parcel tracking application.
Through the strategic collaboration, Stratis will be instrumental in narrowing down areas that are best suited for blockchain solutions when resolving business challenges faced by Triad clients. The two companies will also market, deploy, and develop blockchain applications to help organizations minimize costs, propel security, and boost operational procedures.
Blockchain-Propelled Parcel Tracking Application
By joining hands, the two companies seek to undertake the first project that will entail developing a blockchain-enabled parcel tracking application.
Triad has already designed this application, and it will be pegged to the Stratis platform, and it will operate using Stratis smart contracts.
Expressly, smart contracts enable businesses to automate the execution and verification of agreements. As a result, the urge for intermediaries is eliminated.
Chris Trew, Stratis CEO, noted: “Our partnership with Triad is a game-changer when it comes to opening up Microsoft-based blockchain applications to businesses. By working together, we will make it easier than ever for companies to access the benefits of blockchain and build business-specific applications on a flexible, easy-to-use platform. In the first instance, this will mean porting an existing parcel tracking application designed by Triad to the Stratis Platform so that it can run our recently launched Stratis Smart Contracts. Beyond this, we look forward to a deep and fruitful relationship with Triad by collaborating whenever we see an opportunity for blockchain to add value to their clients.”
Adrian Leer, Triad’s managing director, ascertained that blockchain would be a game-changer in meeting the customers’ needs and preferences.
He acknowledged: “We pride ourselves on finding the right technology to meet our clients’ business needs. For this reason, we have been actively trialing blockchain technology to explore use cases – such as parcel tracking – where it can unlock tangible operational efficiencies. The partnership with Stratis gives us access to a highly respected and trusted partner to help formalize our blockchain offering. Where appropriate, we will now offer our clients bespoke blockchain-based solutions and work with Stratis to build these on the .NET-based Stratis Platform. Ultimately, this will speed up accessing the business value that blockchain technology can deliver.”
By leveraging on blockchain technology, Triad will be able to quickly develop applications, such as parcel tracking, on the Stratis platform.
Image via Shutterstock