Obortech price

OBOT

According to Boston Consulting Group, 1.6B tons of food are wasted annually. The improved connection between producers and suppliers could reduce the problem annually by $60B. Lack of supply chain visibility causes food companies to lose annually $179M in the US alone. Companies can save up to $120B by decreasing supply chain inefficiency. By 2026-2028, the EU will mandate Digital Product Passports across multiple industries to meet transparency and sustainability standards. Due to customization complexity and high implementation costs, SMEs find it hard to maintain and trust conventional systems, isolating them from supply chain digitization and traceability. SMEs must use various tools for different cases to build a digital environment. Due to this, data is fragmented and siloed.

Obortech is a cost-effective, simple solution for digitizing any process and its steps across production and supply chains, enabling traceability. It’s powered by blockchain, IoT, and AI, and can be deployed in just a few days, compared to the months of heavy work required by traditional solutions. Like a social network, multiple actors build a story about a product or project together in a blockchain network. 

We have partners in the textile, food, manufacturing, logistics, and mining sectors and have 15 awards from Microsoft, Google, PwC, China’s Largest Agrifood Innovation Conference, World Bank, UNCCD, and the European Institute for Innovation and Technology.