Batu Permata: Open Packaging Network (OPN)

BUILDING THE WORLD’S FIRST AND LARGEST DECENTRALIZED PACKAGING NETWORK

HOW THE OPN WORKS?

We believe in the power of blockchain technology to transform the packaging space for the better. To that end, our solution is designed to leverage the advantages of this technology to provide value to the stakeholders of the ecosystem. The ‘Open Packaging Network’, as the name suggests, aims at providing an open ecosystem for various stakeholders to transact with each other seamlessly

THE PLATFORM WILL BENEFIT MANY PEOPLE, FROM SELLERS, BUYERS, DELIVERY AGENTS AND VALIDATORS:

SELLERS:

Subsequent shipping orders
Make offers for purchase orders from buyers
Deliver goods to the buyer through delivery agents
Reward buyers for providing feedback and promoting your brand
Vote for changes to the platform
Digitally sign the following documents before delivery to the buyer:
Insurance policy, Quality document, Packing list, Invoice and
Delivery note.

BUYERS:

Later purchase orders.
Make bets for vendor deliveries
Reward sellers for promoting their brand and giving feedback
Receive the ordered products from the Delivery Agents
Vote for changes to the platform
Verify and digitally sign the following documents after they have been successful
Delivery: Quality document, packing list, invoice and delivery
Note and CMR.

DELIVERY AGENTS:

Deliver products from sellers to buyers
Vote for changes to the platform
Verify and digitally sign the following documents after they have been successful
Delivery: Quality document, packing list, invoice and delivery
Note and CMR before delivery of the goods to the buyer.

VALIDATORS:

Prepare a list of best offers based on pre-established rules.
Prepare a list of the best bets based on pre-established rules.
Validate the list of best offers prepared by a validator.
Validate the list of the best bets prepared by a validator.
Vote for changes to the platform

THE PROBLEM OF THE INDUSTRY

With the promising future of the packaging industry and the increase in demand for this service, there are challenges and problems facing the industry, this includes:

Transparency and trust
Payment problems
Quality and precision when delivering
Demand forecast for sellers
Low credit facillities
Sustainable packaging
Price of raw material
Time and security

OPEN PACKAGING NETWORK SOLUTION

The problem of buyers finding the right sellers and vice versa, of a particular good, is becoming a bigger problem. Open Packaging Network has decided to have suppliers to suppliers and suppliers, also creating a platform for both parties to interact. The Open Packaging Network platform is a place where services are provided according to the agreement between the buyer and the seller. The platform will create a wide range of options for buyers to pick up, as they have access to a wide range and variety of products at better prices. The platform is based on the fastest and most transparent technology in the world, Blockchain technology.

A PLATFORM FOR SELLERS AND BUYERS

Having observed many market and customer segments in the packaging space, we realized that the problems spread across the spectrum and it is imperative to bring together all these packaging verticals to a single place to reduce the friction of transaction . Hence, we came up with the idea to design a marketplace for sellers to find their buyer counterparts and vice versa.

Without the ecosystem

The current system is a complex web of interactions with many participants who wait for days together to receive confirmation regarding their transaction.

With the ecosystem

The Open Packaging Network aims to provide a seamless system for real time confirmation of transactions along with a slew of tools and 3rd party integrations.