Project Name: BitLogix
Project Track: Web3
Team Name: BitLogix
Team Member(s): 5 and @K_K @hemanth0102 @hardik_malani @suraj719 @nidhi31415
HackerEarth Project Link: BitLogix - HackaTRON Season 5 - Submission | HackerEarth Hackathons
Project Goal: Our goal is to create a Web3-powered platform that revolutionizes supply chain management, leveraging blockchain technology to enhance transparency, efficiency, and trust across industries. Through smart contracts, real-time tracking, and decentralized data storage, we aim to streamline operations, reduce costs, and enable secure, borderless transactions, ultimately reshaping how businesses manage their supply chains.
Project Value: The value of the BitLogix lies in its potential to significantly improve supply chain management and bring about positive impacts in several key areas:
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Efficiency: The BitLogix streamlines supply chain operations, automates processes, and reduces the need for intermediaries, leading to cost savings and faster transaction times.
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Transparency: By utilizing blockchain technology, the BitLogix ensures transparency and immutability of data, fostering trust among supply chain participants.
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Security: Enhanced security measures protect against data tampering and unauthorized access, safeguarding sensitive information throughout the supply chain.
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Dispute Resolution: Smart contracts minimize the potential for disputes by automating agreements and maintaining transparent transaction records.
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Cross-Industry Applicability: The BitLogix’s versatility extends its benefits beyond supply chain management, making it adaptable and relevant across various industries.
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Global Reach: Borderless transactions and a decentralized nature make the BitLogix accessible on a global scale, enabling businesses to engage in international trade more efficiently.
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Sustainability: The BitLogix supports ethical sourcing and sustainability efforts by providing provenance tracking, ensuring that products meet ethical and environmental standards.
Project Info:
BitLogix is a blockchain-powered decentralized application (Dapp) designed to revolutionize supply chain management. It addresses common challenges in supply chains, such as inefficiencies, lack of transparency, and trust issues, by leveraging blockchain technology and smart contracts. BitLogix offers features like automatic payments, transparent tracking of deliveries, and the ability to collect minimal commissions on transactions.
Features
- Effortless Registration: Simplified onboarding for enterprises and recipients.
- Transparent Tracking: Track products in real-time with immutable blockchain records.
- Automated Payments: Smart contracts for instant, error-free payments upon receipt confirmation.
- Token Rewards: Token reward system allows users to claim tokens as a one-time reward, promoting active participation and collaboration within the supply chain ecosystem.
- Quality Control: Enterprises can control product quality and ensure compliance.
- NFT Rewards: Enterprises can issue NFTs as rewards to the Person-in-Charge.
- Inventory Management with Automatic Ordering: Any recipient can efficiently manage product inventory on a periodic basis. This capability empowers recipients to maintain optimal stock levels.
- Robust Security: Built with a decentralized architecture for data integrity.
See the presentation for more
Project Website: https://bitlogix.vercel.app/
Project Test Instructions:
- Clone the repository
First, you need to clone the repository
git clone https://github.com/suraj719/BitLogix
- Install Dependencies
Install the project’s dependencies:
npm install
- Start the Project
Once all the dependencies are installed, you can start the project:
npm run dev
The project should now be running on http://localhost:3000
Project Details:
BitLogix is an innovative blockchain-based solution designed to optimize and revolutionize supply chain management. It tackles key challenges within supply chains, such as inefficiencies, transparency issues, and trust concerns, by harnessing the power of blockchain technology and NFTs (Non-Fungible Tokens). BitLogix offers a comprehensive set of features and benefits for businesses and individuals involved in supply chains.
- Enterprises and recipients can easily register to access BitLogix.
- Metamask integration ensures secure transactions and interactions with the BitTorrent chain.
- Enterprises create products, recipients confirm receipt for efficient tracking.
- Active participants earn tokens as one-time rewards within the ecosystem.
- Enterprises ensure product quality and compliance by contacting the Person-in-Charge.
- Enterprises issue NFTs as rewards to the Person-in-Charge for quality control and communication enhancement.
- Recipients can efficiently manage inventory on a periodic basis, ensuring optimal stock levels.
Smart Contract links:
Project Milestones:
Phase 1
September 9 to September 14
- Gather detailed requirements for each feature.
- Design the user interfaces for creating product deliveries, confirming receipts, tracking deliveries, managing inventory, and displaying exchange rates.
- Plan the architecture and integration points between frontend, smart contracts, backend.
Phase 2
September 15 to 20
- Develop BitLogix Smart contract & test on the BitTorrent chain for handling automatic payments, product delivery, and commission distribution.
- Develop BitLogixNFT Smart contract & test on the BitTorrent chain to mint NFT to reward person in charge for maintaining good quality control & compliance.
Phase 3
September 20 to October 5
- Implement the user interfaces for creating product deliveries, confirming receipts, tracking deliveries, managing inventory.
- Ensure responsiveness and usability across devices.
- Integrate with the developed smart contract for seamless interaction.
- Thoroughly test all features to ensure proper functionality and identify and fix any bugs or issues.
- Prepare comprehensive README and PPT for users and developers on how to use and maintain the DApp.