SupplyLedger: Decentralized Supply Chain Governance Protocol, Empowering Transparent and Efficient Supply Chains

[GENERAL] Name and surname of main applicant

Vaibhav Shukla

[GENERAL] Email address of main applicant

shukla.vaibhav5789@gmail.com

Additional applicants

Krishna Prasad Damodaran Pillai

Prithvi Vignesh J

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

10

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language.

No

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

Yes

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.” .

Konma Labz for blockchain support and IASYNT for Architecture Design

[GENERAL] Will your project’s output/s be fully open source?

Yes

[GENERAL] If NO, please describe which outputs are not going to be open source. If YES, please write “Project will be fully open source.”

project will be fully open source

[METADATA] Category of Proposal

Dev Tools, API or Library

[IMPACT] Please describe your proposed solution.

Our decentralized supply chain governance protocol aims to address the existing challenges of transparency, traceability, and trust in global supply chains. We perceive the problem as a lack of verifiability and accountability throughout the supply chain ecosystem, leading to issues such as counterfeiting, inefficiencies, and unethical practices.

To tackle these issues, we propose leveraging the Cardano blockchain for its robust security, scalability, and smart contract capabilities. By utilizing blockchain technology, we can establish an immutable and transparent ledger that records every transaction, ensuring trust and enabling stakeholders to trace the journey of products from their origin to the end consumer.

Our project will engage a wide range of stakeholders, including suppliers, manufacturers, distributors, retailers, and consumers. We will actively collaborate with industry players, regulatory bodies, and technology experts to design and implement the protocol, ensuring its relevance and effectiveness in real-world supply chain scenarios.

To demonstrate our impact, we will conduct pilot projects with select supply chain partners, showcasing the tangible benefits of our solution. This will involve tracking and verifying product provenance, reducing counterfeit instances, improving efficiency in logistics and inventory management, and enhancing trust among participants.

What sets our solution apart is its integration of emerging technologies, such as IoT, AI/ML, and digital twins, with the Cardano blockchain. This convergence enables advanced analytics, predictive insights, and optimization opportunities for supply chain participants. By ensuring transparency, accountability, and efficiency, our solution will benefit stakeholders by reducing risks, enhancing customer satisfaction, and driving cost savings.

This proposal is important to Cardano as it aligns with the platform's vision of promoting decentralized and transparent systems. By utilizing Cardano's robust infrastructure, we can showcase the potential of blockchain technology in revolutionizing supply chain governance. The successful implementation of our protocol on Cardano will enhance Cardano's reputation as a leading blockchain platform for solving real-world challenges and drive further adoption of its ecosystem.

[IMPACT] How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?

Our proposed solution addresses the challenge of transparency, traceability, and trust in supply chains, which is crucial for the Cardano ecosystem. By leveraging the Cardano blockchain, we provide a decentralized supply chain governance protocol that ensures immutability, verifiability, and accountability throughout the supply chain.

The benefits of our solution for the Cardano ecosystem are significant. Firstly, it attracts stakeholders from various industries to utilize Cardano as the underlying infrastructure for their supply chain operations. This increases the adoption and usage of the Cardano blockchain, resulting in a larger user base and higher transaction volume.

Secondly, our solution contributes to the overall strength of the Cardano ecosystem by demonstrating the platform's capabilities in solving real-world challenges. It showcases Cardano's security, scalability, and smart contract functionality in a critical application area like supply chain governance.

Additionally, our project has the potential to bring new participants and industries into the Cardano community. By offering a robust and efficient solution for supply chain management, we attract stakeholders who have been seeking a transparent and trustworthy platform to enhance their operations. This expansion of the Cardano community strengthens its network effects and fosters further growth and innovation.

In terms of impact, we aim to onboard a significant number of supply chain stakeholders onto our decentralized protocol within a reasonable timeframe. Our target is to achieve a minimum of 50 industry partnerships and facilitate a minimum of 10,000 transactions per month on the protocol within the first year of operation. These numbers represent a realistic estimation based on market research, industry interest, and our deployment strategies.

Overall, our proposed solution brings tangible value to the Cardano ecosystem by solving a key problem in global supply chains. It fosters ecosystem growth, drives adoption, and demonstrates the potential of Cardano in enabling transparent and efficient supply chain governance.

[IMPACT] How do you intend to measure the success of your project?

Here are the key areas we will focus on:

• Adoption and Usage: We will track the number of supply chain stakeholders who integrate and actively use our decentralized protocol on Cardano. This will include measuring the growth in the number of industry partnerships, the volume of transactions processed, and the expansion of the user base over time.

• Cost Savings: We will assess the cost savings achieved by supply chain participants through the implementation of our solution. This can be measured by comparing pre-implementation and post-implementation costs related to inventory management, logistics, and dispute resolution. Surveys and interviews with participants will provide qualitative insights on the financial benefits experienced.

• Enhanced Trust and Transparency: We will gauge the perception of trust and transparency among stakeholders through surveys and feedback mechanisms. Assessing participants' opinions and perceptions of the protocol's impact on mitigating counterfeiting, improving traceability, and ensuring ethical practices will help measure the effectiveness of our solution.

• Community Engagement: We will track the engagement of the Cardano community with our project through active participation in discussions, forums, and events related to supply chain governance. We will monitor the level of interest, support, and contributions from community members and measure their involvement in promoting and enhancing the protocol.

Our project will enhance Cardano's productivity by attracting new stakeholders from the supply chain industry to the ecosystem. This will expand the user base, increase transaction volume, and demonstrate the versatility and applicability of Cardano beyond financial use cases. The successful implementation of our project will further position Cardano as a leading blockchain platform for real-world applications, fostering its growth and reputation.

In the long term, our solution's impact will ripple beyond the immediate benefits to the supply chain industry. It will contribute to the overall productivity and growth of Cardano by driving adoption in other sectors seeking transparency, security, and trust. The success of our project will inspire confidence in the Cardano ecosystem, attracting more developers, entrepreneurs, and enterprises to build innovative solutions on the platform. This sustained growth will further solidify Cardano's position as a prominent blockchain ecosystem with real-world impact.

By tracking these metrics and continuously gathering feedback from stakeholders and the Cardano community, we will assess the success of our project, iterate on improvements, and ensure its ongoing positive contribution to the Cardano ecosystem.

[IMPACT] Please describe your plans to share the outputs and results of your project?

We have comprehensive plans to share the outputs and results of our project to maximize their impact and create opportunities for further collaboration and development. Here is our strategy:

• Open-Source Documentation: We will document the project's processes, methodologies, and technical implementation in an open-source format. This documentation will be made available to the Cardano community, supply chain stakeholders, and interested parties. It will serve as a reference for others looking to leverage our solution or build upon it.

• Publications and Research Papers: We will prepare publications and research papers that highlight the findings, insights, and outcomes of our project. These will be submitted to relevant conferences, journals, and industry publications to share our knowledge and contribute to the academic and professional discourse around supply chain governance and blockchain technology.

• Workshops and Webinars: We will organize workshops and webinars on Konmahood to disseminate the project's outputs to a broader audience. These events will be targeted at supply chain professionals, blockchain enthusiasts, developers, and industry associations. We will share practical insights, best practices, and lessons learned, while also providing opportunities for participants to engage in discussions and ask questions.

• Collaboration with Industry Partners: We will actively collaborate with industry partners, regulatory bodies, and standards organizations to share the outputs and impact of our project. By engaging with key stakeholders in the supply chain ecosystem, we can foster industry-wide adoption, explore potential synergies, and jointly work on advancing supply chain governance practices.

• Knowledge Exchange and Networking: We will participate in conferences, meetups, and networking events related to blockchain, supply chain management, and technology innovation. By presenting our project's outcomes and participating in panel discussions, we can engage with a wider audience, establish valuable connections, and explore potential partnerships or investment opportunities.

• Integration with Future Research and Development: The results generated from our project will serve as a foundation for further research and development activities. We will leverage the insights and lessons learned to identify areas of improvement, explore new use cases, and contribute to the ongoing innovation in decentralized supply chain governance. The outputs will inform future projects, collaborations, and initiatives aimed at enhancing supply chain management practices. To take up bounty based tasks click here

By adopting a multi-faceted approach to sharing our project's outputs, we aim to maximize visibility, knowledge dissemination, and collaboration opportunities. Through these efforts, we expect to inspire further research, development, and adoption of decentralized supply chain governance solutions, not only within the Cardano ecosystem but also in the broader supply chain industry.

[CAPABILITY/ FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability?

Our team is well-equipped to deliver the project with high levels of trust and accountability. Here are our existing capabilities that demonstrate why we are best suited for this endeavor:

• Expertise in Blockchain and Supply Chain: We possess a deep understanding of blockchain technology and its applications in supply chain management. Our team members have extensive experience in developing blockchain solutions, implementing smart contracts, and addressing the challenges specific to supply chain governance. This expertise enables us to design and implement a robust protocol that meets industry requirements and adheres to best practices.

• Track Record of Successful Projects: We have a proven track record of delivering successful projects in the blockchain and supply chain domains. Our previous projects have received recognition for their innovation, impact, and adherence to timelines. We have a strong portfolio of satisfied clients and partners, which demonstrates our ability to execute projects with trustworthiness and professionalism.

• Transparent Governance and Project Management: We prioritize transparency and accountability in our project management approach. We maintain clear communication channels with stakeholders, providing regular updates, progress reports, and transparent decision-making processes. Our project management practices adhere to industry standards, ensuring proper documentation, risk management, and stakeholder engagement throughout the project lifecycle.

• Financial Management and Compliance: We have robust financial management processes in place to ensure the proper utilization of funds. Our team is well-versed in budgeting, cost control, and financial reporting. We will establish a dedicated financial account for the project funds, implementing appropriate controls, and ensuring compliance with relevant regulations. Regular financial statements and reports will be provided to demonstrate the responsible management of funds.

• Collaborative Approach and Partnerships: We believe in fostering strong partnerships and collaborations. We actively engage with industry experts, supply chain stakeholders, and the Cardano community to gather insights, seek feedback, and leverage collective expertise. Our collaborative approach ensures that the project benefits from diverse perspectives, fosters trust among stakeholders, and strengthens the overall delivery of the project.

• Community Engagement and Feedback: We place great importance on engaging with the Cardano community and project stakeholders. We will actively seek feedback, conduct surveys, and gather input throughout the project's lifecycle. This ensures that the project remains aligned with community needs, addresses concerns, and maintains a high level of accountability to the stakeholders who support and contribute to its success.

By combining our expertise, track record, transparent governance practices, financial management capabilities, collaborative approach, and community engagement, we are confident in our ability to deliver the project with trust, accountability, and adherence to the highest standards of professionalism.

[CAPABILITY/ FEASIBILITY] What are the main goals for the project and how will you validate if your approach is feasible?

The main goals for our project are as follows:

• Goal 1: Develop and Deploy a Decentralized Supply Chain Governance Protocol
• Description: Build a robust and scalable decentralized supply chain governance protocol on the Cardano blockchain.
• Validation: Validate the feasibility of the protocol by implementing a working prototype and conducting thorough testing to ensure its functionality, security, and scalability.

• Goal 2: Ensure Transparency and Traceability in Supply Chains
• Description: Enable end-to-end transparency and traceability of products within supply chains by leveraging blockchain technology.
• Validation: Measure the level of transparency achieved by tracking and verifying product provenance through the protocol. Conduct audits and validations to confirm the accuracy and immutability of the recorded transactions and product information.

• Goal 3: Enhance Trust and Accountability among Supply Chain Stakeholders
• Description: Establish a framework that promotes trust and accountability among suppliers, manufacturers, distributors, and consumers.
• Validation: Conduct surveys and feedback sessions with stakeholders to assess their perception of increased trust and accountability. Measure the reduction in instances of counterfeit products, disputes, and unethical practices within the supply chain ecosystem.

• Goal 4: Optimize Supply Chain Efficiency and Cost Reduction
• Description: Streamline supply chain operations, enhance inventory management, and reduce costs through automation and optimized processes.
• Validation: Measure improvements in supply chain efficiency metrics, such as reduced lead times, improved inventory turnover ratio, and cost savings achieved by participants. Conduct comparative analyses before and after the protocol implementation.

• Goal 5: Foster Adoption and Collaboration within the Cardano Ecosystem
• Description: Encourage adoption of the protocol by supply chain stakeholders and promote collaboration within the Cardano ecosystem.
• Validation: Track the number of industry partnerships formed, the growth in the user base, and the level of engagement within the Cardano community. Measure the level of interest and contributions from the community in terms of code development, feedback, and knowledge sharing.

Throughout the project, we will maintain a transparent and open-source approach, sharing progress updates, code repositories, and documentation with the Cardano community. This will facilitate collaboration, peer review, and continuous improvement based on community feedback and contributions.

[CAPABILITY/ FEASIBILITY] Please provide a detailed breakdown of your project’s milestones and each of the main tasks or activities to reach the milestone plus the expected timeline for the delivery.

Milestone 1: Protocol Design and Architecture (1-2 month)

• Activities:
• Conduct detailed analysis of supply chain requirements and challenges
• Define the technical specifications and design of the decentralized supply chain governance protocol
• Identify the necessary blockchain platform and infrastructure requirements
• Develop the architecture and data flow diagrams
• Success/Acceptance Criteria:
• Technical specifications and design documentation completed
• Architecture and data flow diagrams approved by the project team and stakeholders

Milestone 2: Protocol Development and Smart Contract Implementation (2-6 month)

• Activities:
• Develop the smart contracts for supply chain processes, including product verification, provenance tracking, and compliance enforcement
• Integrate the smart contracts with the Cardano blockchain
• Implement data privacy and security measures
• Conduct rigorous testing to ensure the functionality and security of the protocol
• Success/Acceptance Criteria:
• Smart contracts developed, deployed, and tested on the Cardano blockchain
• Protocol passes security audits and testing with no critical issues

Milestone 3: Pilot Deployment and Validation (6-10 month)

• Activities:
• Select a group of supply chain stakeholders to participate in the pilot deployment
• Onboard participants and provide necessary training and support
• Deploy the protocol in a real-world supply chain environment
• Collect feedback from participants and assess the performance and usability of the protocol
• Success/Acceptance Criteria:
• Successful deployment of the protocol in the pilot supply chain ecosystem
• Positive feedback from participants on the usability and effectiveness of the protocol
• Identified areas for improvement based on user feedback and observations

Milestone 4: Protocol Refinement and Optimization (Ongoing)

• Activities:
• Analyze the feedback and observations from the pilot deployment
• Identify areas for improvement and optimization
• Enhance the protocol based on user feedback and industry best practices
• Conduct additional testing and validation to ensure the improvements are effective
• Success/Acceptance Criteria:
• Updated protocol with refinements and optimizations implemented
• Improved performance and usability validated through testing

Milestone 5: Scaling and Community Engagement (6 month and beyond)

• Activities:
• Prepare comprehensive documentation, user guides, and tutorials for the protocol
• Engage with the Cardano community through workshops, webinars, and events to promote the protocol
• Explore partnerships and collaborations with industry players to drive adoption and expand the ecosystem
• Success/Acceptance Criteria:
• Documentation and user guides completed and made available to the community
• Active engagement with the Cardano community and positive feedback on the protocol
• Established partnerships and collaborations with key stakeholders in the supply chain industry

Overall Project Timeline: Approximately 10 months

Project Management Approach: We will adopt an agile project management approach, dividing the project into sprints and conducting regular meetings to track progress, address challenges, and adjust priorities. We will utilize project management tools to facilitate task management, collaboration, and documentation. Communication channels will be established to ensure effective coordination and feedback loops with the project team, stakeholders, and the Cardano community. Regular updates and progress reports will be provided to maintain transparency and accountability throughout the project duration.

Project Management Board : https://konmaio.notion.site/SupplyLedger-6cdfbd0611c440d8b455e655d90bd8a2?pvs=4

[CAPABILITY/ FEASIBILITY] Please describe the deliverables, outputs and intended outcomes of each milestone.

Milestone 1: Protocol Design and Architecture

• Deliverables:
• Technical specifications and design documentation: This includes a detailed description of the protocol's architecture, data flow diagrams, and technical requirements.
• Architecture and data flow diagrams: Clear visual representations of the protocol's design and how it interacts with the Cardano blockchain.
• Outputs:
• Comprehensive protocol design and architecture plan.
• Intended Outcomes:
• A well-defined and structured foundation for the development of the decentralized supply chain governance protocol.
• Measurement of Progress:
• Completion and approval of technical specifications and design documentation.
• Acceptance of architecture and data flow diagrams by the project team and stakeholders.

Milestone 2: Protocol Development and Smart Contract Implementation

• Deliverables:
• Developed and tested smart contracts: Functional smart contracts that handle product verification, provenance tracking, compliance enforcement, and other supply chain processes.
• Outputs:
• Deployed and tested smart contracts on the Cardano blockchain.
• Intended Outcomes:
• A functional protocol that ensures transparency, traceability, and trust within supply chains.
• Measurement of Progress:
• Successful development and deployment of smart contracts on the Cardano blockchain.
• Passing security audits and testing with no critical issues.

Milestone 3: Pilot Deployment and Validation

• Deliverables:
• Pilot deployment plan: Detailed plan outlining the selection of participants, onboarding process, and deployment strategy.
• Participant feedback and observations: Collected feedback and observations from participants regarding the usability and effectiveness of the protocol.
• Outputs:
• Pilot deployment of the protocol in a real-world supply chain environment.
• Intended Outcomes:
• Validation of the protocol's functionality, usability, and performance in a live supply chain ecosystem.
• Measurement of Progress:
• Successful completion of the pilot deployment plan.
• Positive feedback from participants on the usability and effectiveness of the protocol.
• Identification of areas for improvement based on user feedback and observations.

Milestone 4: Protocol Refinement and Optimization

• Deliverables:
• Updated protocol: A refined version of the protocol incorporating improvements based on user feedback and industry best practices.
• Test results: Documentation of additional testing conducted to ensure the effectiveness of the protocol refinements.
• Outputs:
• Enhanced protocol with refinements and optimizations implemented.
• Intended Outcomes:
• Improved performance, usability, and effectiveness of the protocol based on user feedback and testing.
• Measurement of Progress:
• Successful implementation of refinements and optimizations in the protocol.
• Validation of the improvements through testing and assessment.

Milestone 5: Scaling and Community Engagement

• Deliverables:
• Documentation and user guides: Comprehensive documentation, user guides, and tutorials for the protocol to facilitate adoption and usage.
• Community engagement plan: A plan outlining workshops, webinars, events, and partnerships to promote the protocol within the Cardano community and supply chain industry.
• Outputs:
• Documentation and user guides available to the Cardano community.
• Engaged and active community participation.
• Intended Outcomes:
• Increased adoption and usage of the protocol within the Cardano ecosystem.
• Establishment of partnerships and collaborations to drive adoption in the supply chain industry.
• Measurement of Progress:
• Completion and availability of documentation and user guides.
• Active engagement with the Cardano community and positive feedback on the protocol.
• Established partnerships and collaborations with key stakeholders in the supply chain industry.

To measure project progress, we will track the completion of key deliverables and milestones, ensuring that they are completed within the planned timeline. We will also evaluate the acceptance and approval of each milestone by the project team and stakeholders. Additionally, we will gather feedback from participants and stakeholders to assess the usability, effectiveness, and satisfaction with the protocol. These measurements will provide valuable insights into the progress and success of the project, enabling us to make any necessary adjustments and improvements along the way.

[RESOURCES & VALUE FOR MONEY] Please provide a detailed budget breakdown of the proposed work and resources.

Budget Breakdown for Proposed Work (Total: 250,000 ADA):

• Milestone 1: Protocol Design and Architecture
• Technical Analysis and Requirements Gathering: 10,000 ADA
• Design Documentation and Diagrams: 15,000 ADA
• Total: 25,000 ADA

• Milestone 2: Protocol Development and Smart Contract Implementation
• Smart Contract Development: 50,000 ADA
• Integration with Cardano Blockchain: 25,000 ADA
• Security Audits and Testing: 20,000 ADA
• Total: 95,000 ADA

• Milestone 3: Pilot Deployment and Validation
• Participant Onboarding and Training: 10,000 ADA
• Deployment and Support: 20,000 ADA
• Feedback Collection and Analysis: 5,000 ADA
• Total: 35,000 ADA

• Milestone 4: Protocol Refinement and Optimization
• Refinement and Optimization Activities: 15,000 ADA
• Additional Testing and Validation: 10,000 ADA
• Total: 25,000 ADA

• Milestone 5: Scaling and Community Engagement
• Documentation and User Guides: 10,000 ADA
• Workshops, Webinars, and Events: 10,000 ADA
• Community Engagement and Partnerships: 10,000 ADA
• Total: 30,000 ADA

• Additional Budget Elements:
• Publicity, Marketing, and Promotion: 10,000 ADA
• Project Management: 20,000 ADA
• Documentation and Reporting: 10,000 ADA

Responsibility for Fund Management: As the project team, we take full responsibility for managing the funds provided. We will establish a dedicated financial account for the project and ensure proper allocation and utilization of the funds according to the budget breakdown. Regular financial statements and reports will be prepared and made available to the Cardano community and relevant stakeholders to maintain transparency and accountability. We will adhere to financial best practices, cost control measures, and prioritize efficient resource allocation to maximize the impact and value delivered by the project.

[RESOURCES & VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

The cost of the project represents value for money for the Cardano ecosystem due to several factors:

• Scope and Impact: The project aims to address significant challenges in supply chain management, providing transparency, traceability, and trust through a decentralized governance protocol. The costs associated with the project directly contribute to the development, deployment, and optimization of this solution, which has the potential to revolutionize supply chains and create a more efficient and ethical ecosystem.

• Expertise and Quality: The budget reflects the need for a team of experienced professionals with expertise in blockchain, supply chain management, and software development. The costs are based on industry standards and reflect the level of skill and knowledge required to deliver a high-quality solution. By allocating resources to attract and retain top talent, the project can ensure the development of a robust and effective protocol.

• Realistic and Proportional Costs: The budget has been carefully determined based on a detailed breakdown of milestones and tasks. The costs have been estimated taking into consideration factors such as the complexity of the work, the anticipated time required for each activity, and the resources needed to achieve the project's objectives. While the costs may appear high, they are proportional to the scope, scale, and potential impact of the project.

• Value in Market Context: The proposed costs have been benchmarked against industry standards and market rates for similar projects in the blockchain and supply chain domains. By considering the costs of comparable projects and the level of investment required to develop and deploy a decentralized governance protocol, the budget is positioned in line with market expectations.

• Potential Return on Investment: The project's outcomes and deliverables, such as the decentralized protocol, community engagement, and partnerships, offer long-term value and potential return on investment for the Cardano ecosystem. The costs associated with the project are justified by the expected positive impact on supply chain management, ecosystem growth, and Cardano's reputation as a leading blockchain platform.

While the costs may seem significant, they are necessary to ensure the successful development, deployment, and adoption of the proposed solution. The value for money is derived from the tangible benefits the project will bring to the Cardano ecosystem, including enhanced supply chain transparency, increased adoption, improved efficiency, and the potential for further innovation and collaboration within the community.

[IMPORTANT NOTE] The Applicant agreed to Fund10 rules and also that data in the Submission Form and other data provided by the project team during the course of the project will be publicly available.

I Accept