2Way solution by Elas

PROJECT OVERVIEW

• Product: 2Way, a blockchain-powered logistics platform that connects construction material customers, suppliers, and drivers in real time to streamline procurement and delivery operations.

• Solution provider: Elas digital

• Industry: Construction logistics

• Geographic Reach: Australia (initial deployment in Brisbane)

• BSV Integration Start Date: 2023

BUSINESS CHALLENGE

Inefficiencies in the Supply Chain:

• Inability to source heavy-duty materials quickly.

• Reliance on personal contacts and manual systems.

• Limited real-time visibility into supply and delivery availability.

Limitations of Traditional Systems:

• Disconnected processes between customers, suppliers, and drivers.

• No shared system of record for delivery verification.

• Delays and budget overruns due to fragmented coordination.

WHY BSV?

Ideal Features:

• Real-time data recording at ultra-low cost.

• Public, verifiable audit trail via digital signatures.

• Immutable, permissionless ledger ensuring stakeholder accountability.

Comparison to Other Blockchains:

• BTC’s limited scripting functionality and high fees made it unsuitable.

• BSV’s support for high throughput and native smart contract scripting enabled 2Way’s real-time logistics engine.

SOLUTION ARCHITECTURE

System Overview:

• A mobile/web application linking customers, suppliers, and drivers.

• Every transaction (order, pickup, delivery) is recorded on-chain.

Key Components:

• Data Logging: Inventory levels, driver location, delivery updates.

• Smart Contracts: Multi-party attestation via digital signatures.

• Tokenization: BSV tokens represent job lifecycle steps.

Role of Partners:

• Elas Digital: Designed and implemented the full blockchain-based solution, including smart contract development and UX design.

IMPLEMENTATION PROCESS

Rollout Phases:

• Initial prototype with three user roles (customer, supplier, driver).

• Pilot deployment in Brisbane-based construction sites.

System Integration:

• Operates independently from legacy ERP systems.

• Designed to be user-friendly with minimal blockchain exposure.

Onboarding:

• Simplified onboarding of non-technical users.

• Elas manages BSV interactions so users never handle crypto directly.

OUTCOMES & BUSINESS IMPACT

Key Improvements:

• Reduced delivery coordination from days to hours.

• Real-time transparency across the supply chain.

• Improved accountability and reputational tracking.

Metrics:

• Same-day fulfilment for heavy materials achieved.

• Digital confirmations reduced disputes and enhanced trust.

Feedback:

• Users praised the system’s clarity, speed, and accountability.

CHALLENGES & MITIGATIONS

Operational Challenge:

• Ensuring all parties adopted the system without blockchain knowledge.

Mitigation:

• Elas’s managed service abstracted the technical complexity.

• Encrypted private data and public attestations maintained privacy and transparency.

FUTURE VISION

Expansion Plans:

• Broaden rollout across Australia and additional sectors (e.g., mining, agriculture).

• Integrate more smart contract logic for dynamic pricing, SLA enforcement.

BSV Functionalities to Explore:

• Advanced token economics.

• Integration with IoT devices and automated compliance triggers.

TESTIMONIAL HIGHLIGHTS

"What we've been able to do is provide a mechanism to deliver heavy construction materials in real time — within a day — with full accountability on the blockchain." — Mohammed Jaber, Co-Founder of Elas (paraphrased)