Existing supply chains are opaque, middlemen pocket up to 60% of earnings.
Two Hands has re-engineered the supply chain from the ground up to put people at the centre. Transparency is key. What you do on Two Hands today, will affect who wants to do business with you tomorrow. Trust is confident vulnerability. Two Hands fosters trust by enabling everyone to see, who does what they say they will.
When buying from a local fish market it is impossible to know:
How many wholesale facilities did it pass through?
What temperature was the lobster stored at each facility?
What was the quality of the water in each facility?
How many times has the animal been handled?
Where was it caught?
Was the animal miss treated?
How long ago was the animal caught?
“Food fraud represents a USD 40 billion problem worldwide and is allegedly worth
more than the heroin trade and firearms trafficking combined”
- Dr Sylvain Charlebois, Professor in Food Distribution and Policy, Dalhousie University, Canada
Instead of “trust, but verify”, blockchain enables us to “verify, then trust”. A centralised system is susceptible to abuse. If a business can pay to remove content that is bad for business, how can the system be trusted? How can they be transparent when their supply chain operate in data silos? In a decentralised system there is no one to pay. Everyone can see if your deliveries are late, or you don’t pay your bills on time or you sell low quality product.
In the Two Hands model, a last mile distributor operating a node in China has access to every transaction. The distributor can assure their customers of the data integrity with confidence. The distributor has a record of every transaction in their supply chain.
Immutable changes to a tag's data are visible to everyone in the network. The transactions are immutable and require consensus to be added into the ledger. The shared data view makes the supply chain more transparent. Transparency acts as a trust anchor for collaboration between people across continents.
“It means that we will be able to get our product into China in the most pristine condition ever and the Chinese people will be able to experience perfect Southern Rock Lobster, just as they are when we take them out of the water.”
Fishers Colin and Kae Milstead
(Robe, South Australia)
“传统的供应链中到处都是中间商。之所以有食品造假问题，是因为无法知道是谁做的。不像其他嵌入现有流程的区块链项目，Two Hands 重新改造了供应链，将人放在中心位置。您今天在 Two Hands 上所做的事情会影响明天谁跟您做生意。”
“TwoHands将利用技术实现供应链智能化，但仅凭技术是不够的，我们必须意识到人才是供应链的基础，也就是生产者/农民/渔民和终端消费者。为所有参与者提供有利可图的技术体验是Two Hands的业务核心。我们经常将自己所做的事称为‘建设未来的市场’——将人放在中心位置。” - Two Hands 董事, Wayne Hayes