The global logistics system faces disruption of $82 million average losses annually causing challenges in verifying credentials efficiently and securely, leading to delays, fraud, and safety concerns.
This is the total amount allocated to Logistics Revolution - using Atala PRISM Digital Licensing..
We aim to implement Atala PRISM Digital Licensing for global value chain creating verifiable credentials to streamline verification processes enhance security, and improve overall logistics efficiency
The dependencies for Logistics - DID - Solution
includes:
■Decentralized Identity Solution for Logistics Industry
■Overview
■Key Resources Utilization
■ Atala PRISM SDK
■Uses:
■Identity Creation: Generate DIDs for various entities in the supply chain, including:
▪︎ Global value chain companies (manufacturers, carriers, warehouses, retailers)
▪︎ Individual employees (drivers, warehouse staff, customs officers)
▪︎ Physical assets (vehicles, containers, warehouses)
▪︎ Shipments and packages
■Verifiable Credentials: Issue and verify credentials such as:
■Selective Disclosure: Enable entities to share only necessary information, enhancing privacy while maintaining transparency.
■ 2. Cardano Blockchain
■ Cardano blockchain:
●Uses:
■Smart Contracts: Implement Plutus smart contracts to automate:
■ 4. Cloud Infrastructure (AWS)
■Uses:
■Amazon Web Services will provide the necessary backend and data management capabilities:
■Application Workflow
■ Benefits
By leveraging these key resources, our Logistics (DID) - decentralized identity solution has the potential to significantly transform the logistics industry, bringing unprecedented levels of trust, efficiency, and transparency to global supply chains.
Yes, our Logistics - (DID) project will be open source.
Open Source Features for Logistics DID Solution:
■Overview
Incorporating open-source features into our decentralized identity (DID) solution for the logistics industry can significantly enhance the project's development speed, community involvement, and overall robustness.
●Here's how we would integrate open-source components with our key resources:
Open Source Elements:
Core Smart Contracts: Open for transparency and community auditing.
User Interface: Front-end code available for community contributions.
Documentation: Comprehensive guides for installation and usage.
Open Source Features
■ 1. Core Verification Algorithms
Open-source verification algorithms can complement the Atala PRISM SDK and provide additional security and functionality.
■ Implementation:
■Benefits:
■ 2. API Documentation
Comprehensive, open-source API documentation can facilitate easier integration and foster our development ecosystem around the platform.
■ Implementation:
■ Benefits:
■Logistics-Specific Components: Develop and open-source custom components for industry-specific features
■ Benefits:
■ 4. Smart Contract Templates
Open-source smart contract templates can provide a solid foundation for implementing logistics-specific functionality on the Cardano blockchain.
■ Implementation:
■ Benefits:
■Integration with Key Resources
■Here's how these open-source features integrate with our previously discussed key resources:
■Atala PRISM SDK:
■ Cardano Blockchain:
■Cloud Infrastructure (AWS):
■ Community Engagement
By open-sourcing these components, our startup solution will:
By incorporating these open-source features into the decentralized identity solution for the global logistics industry it can significantly enhance the project's development speed, flexibility, and community engagement.
Our proposed solution involves revolutionizing logistics by leveraging Atala PRISM Digital Licensing to create a secure, efficient, and globally accessible system for the global value chain license verification.
To create and build a high-level diagram of the system architecture for Atala PRISM Digital Licensing, we will consider the following components and their interactions:
●Description of Components
■Our Proposed System Architecture Diagram:
Plaintext
+---------------------+
| Users |
| (Mobile App) |
+---------------------+
|
v
+---------------------+
| Atala PRISM |
| (Identity Layer) |
+---------------------+
|
v
+---------------------+
| Blockchain Layer |
| (Data Integrity) |
+---------------------+
|
v
+---------------------+
| Verification |
| Authorities |
+---------------------+
|
v
+---------------------+
| Governance |
| Framework |
+---------------------+
■ This architecture emphasizes a decentralized approach to identity management, ensuring user sovereignty over personal data while maintaining robust security through blockchain technology.
■ Impact on the Wider Cardano Community
● Our Logistics (DID) project will have several positive impacts on the wider Cardano community when we:
▪︎ Showcase Real-World Utility: Demonstrating the practical application of Cardano and Atala PRISM in solving complex global challenges
▪︎ Increase Adoption: Driving widespread adoption of Cardano technologies in the logistics and supply chain sector's
▪︎ Ecosystem Growth: Encouragement of development of complementary tools and services within the Cardano ecosystem
▪︎ Interoperability Advancement: Pushing the boundaries of blockchain interoperability, benefiting the entire Cardano network
▪︎ Economic Opportunities: Creating new economic opportunities for ADA holders and Cardano-based businesses
▪︎ Sustainability Promotion: Aligning Cardano's commitment to sustainability by enabling more efficient and environmentally friendly supply chain
▪︎ Educational Value: Providing a comprehensive case study for blockchain education and research
▪︎ Global Recognition: Elevation of Cardano's profile as a leading blockchain solution for enterprise-grade application
●We are capable to deliver the project.
Our team is well-equipped to deliver this project due to our combined expertise of over 30 years in blockchain development, cryptography, and open-source development.
We have a proven track record in implementing successful blockchain-based projects and open-source solutions.
Our successful projects stem from innovative strategies,
community engagement, beta testers, sustainable practices, capacity building, and strong partnerships, making our team's exemplary models in development initiatives.
● Our experienced team includes:
Project Management Team:
The Project Lead he oversees the entire implementation process.
He is experienced in handling large-scale implementations, ensuring that each phase of development is completed on time and within budget.
He adheres to best practices for agile development and transparent reporting.
Blockchain Developer: Our developer's have experience building secure, decentralized solutions on the Cardano blockchain, including wallet integration and transaction management. Integrating Atala PRISM and development of smart contracts
Security Specialist: Implements and audits security measures
● We will validate the feasibility of this project through several steps:
● Community Feedback: As an open-source project, we will engage the Cardano developer community early in the development process, seeking feedback and contributions
■Trustworthy Fund Management
To ensure transparency and accountability in fund management, we will implement the following processes
■Milestone-Based Budget Allocation: Funds will be allocated in stages, based on specific project milestones such as testing, and full-scale deployment. Each milestone will have clear deliverables and progress reports to ensure proper use of resources.
■Regular Financial Reporting: We will provide transparent financial reports to the Cardano community, detailing how funds are being allocated and spent. These reports will be available at key stages of the project, ensuring accountability to all stakeholders.
■Third-Party Auditing: If required, we will engage third-party auditors to review our financial management and project progress, further ensuring that all funds are used responsibly and in alignment with the project’s goals.
■■Why We Are Best Suited for This Project
■Proven Experience: Our team has successfully delivered similar projects, including blockchain integrations, open-source software, and secure payment solutions for e-commerce platforms.
■Open-Source Expertise: We have a strong background in open-source development, enabling us to collaborate effectively with the wider Cardano community and ensure the project evolves through community contributions.
■Track Record of Accountability: Our history of managing large-scale projects with transparency and accountability ensures that we can be trusted to manage the funds properly and deliver the project as promised.
● MILESTONE 1:
Foundation and Planning
●Objectives:
●Deliverables:
● Acceptance Criteria:
●MILESTONE 2:
Design and Development Initiation
●Objectives:
● Deliverables:
● Acceptance Criteria:
●MILESTONE 3:
Development and Testing
● Objectives:
●Deliverables:
● Acceptance Criteria:
●MILESTONE 4:
Refinement and Launch
● Objectives:
Address feedback from UAT
Conduct performance optimization
Prepare for system launch
Develop training materials and conduct user training
● Deliverables:
Release candidate version of the system
Performance optimization report
Launch plan and go-live checklist
User manuals and training materials
● Acceptance Criteria:
All critical issues from UAT resolved
System performance meets or exceeds defined benchmarks
Launch plan and go-live checklist approved by all stakeholders
Training materials reviewed and approved by end-user representatives
Successful completion of a full system demo using Atala PRISM digital licensing
■ Final Milestone:
Project Close-out Report and Video
■Objective: Compile the project close-out report and video to document the results, achievements, and lessons learned.
■Deliverables
Detailed final report covering project outcomes, challenges, and future steps.
■A video summarizing the project’s development process, impact, and success.
■Acceptance Criteria Submission of the final report and video to Project Catalyst, showcasing the successful completion and its integration.
●Project Lead: Solomon Eko. Expert in blockchain project management with over 10 years experience in prediction markets.
●Successful Projects Link:
https://solomoneko.com/projects/
●Technical Lead & Developer: Aminul Islam is an accomplished Full Stack Developer with over 10 years of experience in software development, specializing in creating scalable, high-performance applications. He possesses a strong background in both front-end and back-end technologies, with expertise in languages such as JavaScript, Python, and Java, along with frameworks like React, Node.js, and Django.
▪︎In addition to his full-stack expertise, Aminul has a deep understanding of blockchain technologies. He has worked extensively on decentralized applications (dApps) and smart contracts, particularly within the Ethereum and Cardano ecosystems. He has contributed to several blockchain-based projects, integrating Web3 functionality and enhancing security in distributed ledger environments.
▪︎Aminul is passionate about delivering innovative solutions, mentoring junior developers, and staying at the forefront of emerging technologies in both traditional software and blockchain development.
●Github Link:
https://github.com/aminul-islam01101
●Community & Marketing Speciallist: Bridget Aghedo is an Accomplished Expert in Digital Marketing Strategies and a Cybersecurity Specialist with over 10 years of experience and a proven track record in Community Building and Blockchain Marketing.
●Linkedin Link: https://www.linkedin.com/in/bridget-aghedo
● Financial Projections
● Total - 100,000 ADA
Development Costs: 20,000 ADA
Infrastructure Costs: 8,000 ADA
Marketing and Partnerships: 7,000 ADA
Operational Costs: 5,000 ADA
Legal and Compliance
10,000 ADA
Marketing and Business Development - 15,000 ADA
Operational Costs and Salaries- 30,000 ADA
Contingency Fund - 5,000 ADA
● Total - 100,000 ADA
■The cost of this project represents strong value for money for the Cardano ecosystem for several key reasons
● Developer and Community Growth:
By making our Logistics - (DID) - project open source, we are enabling community-driven development. The initial investment of 100,000 ADA will create a foundation that the Cardano developer community can build upon, ensuring the project evolves and improves over time without significant additional cost. This aligns with Cardano’s decentralized philosophy and encourages global developer participation.
■ Cost Justification:
Development and Integration Costs: The development costs are competitive and proportional to industry-standard rates for blockchain developers and smart contract experts. We have benchmarked these costs based on average freelance rates for developers in our region, ensuring fair compensation while remaining cost-effective.
■Marketing Partnerships and Community Engagement: The 7,000
ADA allocated for marketing, promotion, and engagement is essential to ensure widespread adoption. These costs are aligned with typical digital marketing spend in the industry to reach a global audience.
■The initial investment in this project represents significant value for the Cardano ecosystem due to the scalability, open-source development model, and long-term adoption potential for ADA PRISM.
●By ensuring that the costs are aligned with industry standards and prioritizing community growth, we are creating a sustainable, impactful solution that benefits businesses, developers, and Cardano users alike.