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  1. Logistics

2Way solution by Elas

PreviousWeatherSV by MetaStremeNextDockFlow solution by mintBlue

Last updated 21 days ago

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:

  • 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)

Elas digital
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