ISBG, a renowned manufacturer of alcoholic beverages incubator, is collaborating with VOLUM, a blockchain-based platform for enterprises, to integrate the former’s solution into its sales and distribution process.
It is worthy of note that due to the voluminous paperwork, accurate tracking and tracing of goods in the supply chain can be a tedious and strenuous exercise.
To curb the menace, VOLUM has developed a blockchain framework that allows enterprises to convert traditional paperwork into a digital process while safeguarding all transactions and steps within a company’s supply chain.
VOLUM uses blockchain technology with the initiative of assisting farmers, manufacturers, distributors, public utilities, governing agencies, financial institutions, and IoT data hosts.
Additionally, VOLUM has a number of portfolio companies confirmed for a trial period, including firms in bottle manufacturing, healthcare, construction, import and export, and two more liquor brands.
Firms adopting the VOLUM framework are offered complete transparency and streamlined paperwork processing, to conduct business securely, while tracking and tracing data involved using smart contracts and blockchain validation is also made possible.
Furthermore, enterprises working with VOLUM will be able to access each functionality from a single dashboard, which allows them to track and trace their business data, view smart contracts, and oversee all supply chain progress.
To distribute its alcoholic beverages, and distillery products, ISBG will incorporate the VOLUM platform into its supply chain process to ensure proper coordination of the paperwork.
Arnaldo Detrés, Co-Founder of VOLUM opined that:
“At VOLUM we’ve created an entire ecosystem in which industries of any kind can execute a supply chain from beginning to end while digitizing countless procedures from one dashboard.”
He further posited that:
“We’re extremely proud to onboard ISGB as our first portfolio company to successfully incorporate our technology into their system, and we look forward to helping them achieve optimal revenue and customer success.”
Also, speaking on the partnership with VOLUM, Alonzo Pierce, President and Chairman of ISBG reiterated that:
“ISBG is eager to incorporate VOLUM into our supply chain system and support its technology as a combined method of blockchain and enterprise innovation that will contribute to both customer and revenue growth.”
Furthermore, the ever competent chairman of ISBG expressing his excitement over the partnership noted that:
“We’re excited to experience this accelerated pace of paperwork processing, as well as the tracking and tracing of product distribution we execute internationally.”
VOLUM operates as a blockchain-based platform designed to support a wide variety of businesses and transaction types using a native token, VLM, which is required for access and use of the platform. The token pre-sale begins on April 27th, 2019 and will remain open for 45 days.
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