Review on UCOT by Robiul Islam
An integrated traceability ecosystem.
It has already anchored a few business clients who share the same vision as their team and are willing to jointly build the ecosystem and lift the platform to enhance the operational efficiency of their supply chain and accelerate IoT intelligence.
ο»Ώ
There is a demand for more transparency from brands, manufacturers and distributors across the supply chain due to the growing number of lies and lost products. The customer, most importantly, wants to know the authenticity of the product as well as other information such as raw materials, date and location of production and storage methods and transportation procedures.
ο»Ώ
To meet the needs of this market, it uses leading 5G technology with blockchain technology to create a smart IoT ecosystem to enable complete product control and tracking to share completely transparent information in supply chain systems. This authenticity and transparency has mutual benefits for both the customer and the manufacturer thus creating a win-win situation.
ο»Ώ
Pros
- They create a decentralized P2P system, striving to reach the goals of minimal cost, privacy protection and long-term sustainability, realizing users data autonomy.
- Based on new risk assessment methods and they try to create a more efficient market for real-time data in a trusted environment.
- Designed for more meaningful, user-experienced driven smart network solutions.
Cons
- They have some working products like Uphoto, Utracer, UTMS, UTracker but there are very few users of the products also they have small community but they continuously moving ahead.
