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Aeries Blockchain add AI Module in their Supply Chain Financing Platform



2024-03-22 06:22:52 Technology

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Fintech startup Aeries Blockchain Corporation is utilizing avant-garde Blockchain and A.I. solutions to build a revolutionary platform for supply chain Financing.

17 October 2018, Canada - Leading Enterprise Blockchain and AI solutions provider Aeries Blockchain Corporation has added another specialty to its blockchain based supply chain finance solution i.e. integration of Artificial Intelligence.

By incorporating Artificial Intelligence with blockchain innovation, the company aims to create a secure ecosystem, where businesses can save on costly audits and enhance the efficiency of their supply chains.

Planned features include supply chain automation deploying blockchain, artificial intelligence (AI), machine learning (ML) and Internet of Things (IoT) technologies for a platform that can integrate with existing ERP solutions. The solution will offer smart contracts to facilitate transactions and movement of data between systems, Aeries Blockchain explained, as well as streamlined on boarding of supply chain partners, including producers, distributors, shippers, retailers, and auditing and reporting portals.

The focus for the AI Module design has been to address the credit risk. Using AI, the financial institutions will be able to detect and prevent fraudulent transactions. AI will ensure credibility in using the credit ratings of the buyer to support purchase agreements. AI-based scoring models will combine customers? credit history and the power of big data, using a wider range of sources to improve credit decisions and often yielding better insights than a human analyst.

Pankaj Pathak, Chief Technology Officer at Aeries Blockchain Corporation had these words to say about the global supply chain market.

?One of the major problems of the global supply chain industry is lack of transparency, connectivity, and agility. With global trade increasing at a tremendous rate and boosted by e-commerce in the US, supply chain players around the world are looking at technology to help them reduce costs and be more efficient in their processes. By connecting these businesses with our unique blockchain platform powered by AI, Aeries Blockchain is well positioned to help drive the global supply chain industry forward with technology.? Hopefully, this launch marks a noteworthy business milestone in the supply chain industry.

About Aeries Blockchain Corporation
Aeries Blockchain Corporation is a U.S. based blockchain and AI development firm and a global leader in building enterprise-level blockchain applications. Their team, distributed across Europe and Asia is focused on using blockchain and AI to bring industries closer to the mainstream. Visit: https://aeries.io/services/artificial-intelligence/


Contact Us:
Aeries Blockchain Corporation
Email: hello@aeries.io
Tel: +1 919-228-6404
Web: https://aeries.io

Company :-Aeries Blockchain Corporation

User :- Aeries Blockchain Corporation

Email :-aeriesblockchaincorp@gmail.com

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Url :- https://aeries.io






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