Technology Magazine August 2019 | Page 385

“ WHAT WE ’ VE CREATED IS A UNIVERSAL SYSTEM WHERE WE CAN GUARANTEE THAT MY A IS THEIR A ”

— Dave Brajkovich , CTO , Polaris Transport
because it moves through electronic data interchange ( EDI ) transformations anyway . The challenge is that EDI is not dynamic – it ’ s very static , it comes in batches and waves – and so the freight can be received by points of delivery where we may not get the data back into our systems accurately or in a timely fashion .”
This problem causes both delays and a labor-intensive process of collating documents to confirm payments , with those documents changing hands repeatedly . The solution is a DLT-based smart contract platform that runs those transactions through Polaris ’ s hyperledger cloud and relays the data to all relevant parties . “ What we ’ ve created is a universal system where we can guarantee that my A is their A ,” says Brajkovich , highlighting DLT ’ s ability to serve as a single , current source of truth . “ Everything is tracked and traced : it ’ s immutable , it ’ s not going to change , but it can be revised . As the information flows from one system to another , we know exactly where that data flow is .” Not only does the solution provide this reliability and traceability , but it massively increases the speed with which parties can access the relevant information . “ Once the transaction is completed , we have a full audit trail ,” summarises Brajkovich . He adds that the process minimises paper wastage , maximises accuracy and eradicates data-based disputes , as well as having the flexibility for additional partner channels to be added as necessary .
NDS is currently developing additional IoT-driven solutions to augment with this process , offering real-time tracking data without necessitating additional human input . “ Our claim to fame here is that we ’ re very strong integrators ,” says Brajkovich as he explains the foundation of the firm ’ s IoT success . “ We have talent that understands not only the
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