Tomasz Wyszolmirski/123RF

28 Startups Using Blockchain To Transform Supply Chain Management [Market Map]

  • 7 December 2018
  • Sam Mire

Supply chain is one of the industries where blockchain has the greatest potential to make a difference. Part of the reason is that the supply chain industry is a multi-party network of logistics, shipping, manufacturing, and retail businesses coordinating with one another to take a product from manufacture all the way through the supply chain to the consumer or end user.

Unfortunately, the multi-party nature of supply chain tends to result in quite a few inefficiencies and opportunities for fraud. Blockchain promises to function as a protocol that can offer a layer of interoperability across these disparate systems. Another benefit blockchain brings to the supply chain is increased data veracity and security. Since distributed ledger technologies are generally immutable and tamper-resistant, they can help reduce the occurrence of fraud and increase transparency across every point in the supply chain. These companies are all working to implement blockchain for various supply chain applications. Read on to find out what problems blockchain can solve in this industry and what the future holds.

Blockchain in supply chain management market map


Blockchain market map - Supply chain - Provenance

Back in the day, the food you ate in your home came from a farm down the street or your own yard. With global and industrial supply chains, however, most consumers have lost touch with where their purchases come from. A number of health and safety related trends, along with increased attention to fair trade practices and sustainability, have all contributed to a renewed interest in where things come from. Provenance solutions help give consumers visibility on where products come from and whether or not they were manufactured ethically. 


DORÆ calls itself a “global blockchain-enabled physical commodities cloud.” They have built a blockchain-based distributed ledger platform that helps with provenance of raw materials, giving users a more complete and transparent view of where materials involved in production come from. By placing the journey of raw materials on the blockchain, DORÆ hopes to increase the veracity of supply chain data for the building blocks of most products.

Founded: 2014

Funding type: Private


NextPakk is a “Concierge Delivery” and community-sourced service that allows customers to schedule delivery within a one-hour window, ensuring the customer is home when the package arrives. NextPakk utilizes blockchain technology to track packages, while protecting customers’ identity and ensuring timely delivery. Their token was launched on the Stellar platform.

Founded: 2016

Funding type: Private


ShipChain is building a track-and-trace platform that will use blockchain to improve provenance and supply chain efficiency through the use of smart contracts. They record every step of the supply chain process on either their main blockchain or their sidechain to improve both transparency and ease of communication.

Founded: May 1, 2017

Funding type: Private


Zego is a food and snacks company that has integrated blockchain provenance solutions into their food supply chain to recognize over 400 agricultural chemicals, allergens, heavy metals, and gluten originate from.


provenanceProject Provenance

Project Provenance works to enable businesses to build consumer trust in their goods and supply chain. They leverage blockchain to create a more transparent digital record of a physical product’s journey through the supply chain. Their goal is to give consumers better product information, while rewarding responsible retailers and manufacturers.

Founded: 2014

Funding type: Private


Blockchain market map - Supply chain - Logistics and Shipping data

One of the greatest challenges facing the logistics industry is incorrect or intentionally falsified data. With low margins and rewards based on performance, there are plenty of points within the supply chain where organizations and individuals might fudge the numbers to make themselves or their company look better. Add in the fact that data systems are disparate and don’t talk to each other and you’ve got even more obstacles. Blockchain could help increase the veracity of logistics data, prevent fraud, and increase the interoperability of existing data platforms. 


Eximchain’s public blockchain network enables privacy, scalability, and security for the supply chain. Eximchain-powered supply chain solutions help enterprises to connect, transact, and share information more efficiently and securely. Their current applications of blockchain technology include supply chain financing, sourcing, and inventory management.

Founded: Jan 15, 2015

Funding type: Private


OriginTrail is a protocol for supply chains that is built on blockchain technology. They designed the protocol to increase the integrity and veracity of supply chain data. They are working toward helping IT providers and supply chain leaders with blockchain-powered data insights that are beneficial in multi-organizational environments.

Founded: 2013

Funding type: Private


T-Mining is a company working to enable logistic platforms to develop blockchain-based software solutions by leveraging a number of ready-made components. They use a library of proprietary smart contracts designed for logistics, governance toolkits for decentralized networks, and APIs to integrate with existing software and increase interoperability.

peer-ledgerPeer Ledger

Peer Ledger has a blockchain application call MIMOSI that is designed to provide records for all supply chain track-and-trace transactions. Having started with blockchain provenance and supply chain solutions for the minerals industry, they are now expanding into new verticals and building APIs to increase the interoperability of their platform. 

Founded: Apr 7, 2016

Funding type: Private

blockhead-techBlockhead Technologies

Blockhead Technologies is a global provider of software solutions and applications that use blockchain technology. Their STAMP platform uses blockchain to increase product traceability and improve data governance for supply chain companies.

Founded: Nov 16, 2017

Funding type: Private


SKYFchain is an operating system for the cargo robots industry. They are building a blockchain database to verify the operations and compliance of automated systems in the supply chain industry. As more and more steps in logistics are executed by AI, robotics, and replicable machine workflows, SKYFchain hopes to implement blockchain as a governance layer for these increasingly important technologies. 


Blockchain market map - Supply chain - Factoring and supply chain finance

Companies at numerous points of the supply chain frequently operate on low margins and cyclical revenue. As such, financing vehicles are needed to help these companies fund future growth, without spending cash on hand. These companies are working to redefine the way factoring and supply chain finance work, using blockchain to decentralize and streamline processes. 


ZERO1 CAPITAL helps SMEs around the world with early stage supply chain financing. New projects are often cost prohibitive, but with early stage capital, SMEs can afford to launch new supply chain initiatives. ZERO1 CAPITAL is leveraging blockchain to build a platform that extracts new insights and allows SMEs to make transactions in a fast, fair, secure, and profitable way.

Founded: Sep 1, 2017

Funding type: Private


CargoCoin is a decentralized cargo protocol built with blockchain technology and powered by a native utility token. Their goal is to connect logistics processes with the blockchain, and they leverage smart contracts to improve escrow payments for supply chain companies.

Founded: Jan 1, 2017

Funding type:  Private


CargoX is an independent supplier of blockchain-based Smart Bill of Lading solutions that provide a simple, cost-effective way to process Bills of Lading anywhere in the world. They have also developed a decentralized platform based on the Ethereum network, and are working to rollout more blockchain-powered products for the supply chain industry. 


Tradeline is a post-trade workflow automation platform for the commodity trading industry. Their platform leverages blockchain technology to automate post-trade activities for all parties of a trade. They are working to help the shipping industry share information more securely while decreasing the complexity of trade settlement.

Founded: February 2017


Founded April 2018, Private. TangoTrade is a blockchain-based solution that aims to empower importers to obtain low cost financing and offer payment assurance to suppliers around the world. They want to help these organizations better serve SMBs while integrating more secure blockchain data management solutions.

Founded: April 2018


Hijiro is a financial operating network for global trade powered by distributed ledger technology (DLT). Hijro connects banks, buyers, and suppliers across one blockchain-powered network designed to streamline and automate settlement, reduce fraud risk, and break down costly data silos. They implemented the Hijro Global Trade Asset Registry (GTAR) to help users reduce fraud by gaining access to more transparent transactions, documents, and asset ownership across the registry.

Founded:  Apr 1, 2014

Funding type: Private


Blockchain market map - Supply chain - Compliance and fraud prevention

Fraud within the supply chain is unfortunately a common occurrence. Whether it’s covering up that materials or products were sourced from unethical manufacturing, or falsified data around shipping and logistics, fraud is a major problem for the industry. These companies are working to use blockchain to fight fraud and keep the supply chain industry fair for all participants. 


Modum is a Zurich-based startup that is working to create an Internet of Things (IoT)-based supply chain logistics solution to help European companies comply with European Commission regulations for pharmaceutical transport. They leverage blockchain to provide trusted data that can be verified and audited by regulatory agencies. They also created a token, the MOD token, which has a market cap of close to $9 million at the time of writing.

Founded: January 2016

Funding type: Private


Chronicled has developed a blockchain-driven protocol and network to help supply chain companies create standards and best practices in multi-organization environments without disclosing important company IP. Their goal is to streamline B2B trade. Chronicled is also a founding member of the Enterprise Ethereum Alliance and Trusted IoT Alliance, with the mission of creating open source tools and standards to connect IoT and blockchain ecosystems to deliver business value.

Founded: 2014

Funding type: Private


TBSx3 is a software company leveraging blockchain to monitor and protect goods through the entire supply chain. They aim to prevent counterfeit products by using traceable ID tags and codes for items to verify their origin and logistics journey. 

Founded: 2016

Funding type: Private


Blockchain market map -Supply chain - Decentralized supply chain operations

In a way, supply chain operations and logistics are already decentralized. While traditional companies run things, it’s not simple for one organization to own and manage every process within a given supply chain. Even Amazon relies on networks of logistics companies and delivery channels outside their own operations. Blockchain can offer even more decentralization, helping add a layer of interoperability and trustless transactions to the already diverse logistics industry. These companies are using the technology to make it simpler to transact with new businesses, making operations more efficient.


WAVE is a supply chain document management service using blockchain to verify ownership of documents, eliminate fraud, and reduce risk for all parties in the supply chain. They have created a peer-to-peer network that connects all carriers, banks, forwarders, traders, and other parties of the international trading supply chain. Wave allows users to securely store and exchange logistics documents to help create more trustworthy supply chain data.

Founded: Jul 1, 2014

Funding type: Private

aionThe Aion Network

The Aion Network is a multi-tier system designed to address unsolved questions of scalability and interoperability in blockchain networks. Their hope is to help bridge the gap between blockchain and enterprise applications by creating scalability solutions for cumbersome distributed systems. In logistics, they hope to make blockchain less unwieldy and streamline supply chains to create better provenance and product development procedures.


Sweetbridge is a platform and network working to keep all parties involved in a transaction in sync, while removing the friction and obstacles involved in traditional commerce. They leverage blockchain to create protocols that integrate identity, legal agreements, accounting, and payment rails that can never be out of sync between counterparties. Check out our interview with CEO and Founder Scott Nelson on Episode 8 of our podcast Blockchain Disruption.

Founded: Nov 9, 2016

Funding type:  Private

morpheus-networkMorpheus Network

Morpheus Network is a blockchain solution provider for the supply chain industry. They use blockchain to improve supply chain transparency and create efficient platforms for the global supply chain. They utilize public and permissioned blockchains as well as sidechains to maintain the security and privacy of users’ data. 


Founded Jan 1, 2016, Private. Konexial is a logistics software company that is working to optimize load delivery through a platform connecting open drivers with additional loads (GoLoad). In 2018, they joined the Blockchain in Transport Alliance (BiTA) and announced they’ll be using blockchain to help track and verify transactions on their GoLoad platform. 

fr8-networkFr8 Network

Fr8 Network is a decentralized protocol layer that defines the rules and connectivity for communication and data management between logistics applications. Allowing any permissioned system to connect to the same data set as the single source of truth helps with coordination and information flow among diverse stakeholders. 

Founded: May 1, 2017

Funding type:  Private


The Blockchain in Transport Alliance is a consortium of logistics, transportation, and supply chain industry leaders working together to foster development of blockchain solutions for supply chain applications. Notable members include Google, FedEx, BP, Uber Freight, and Delta. 


Skuchain is a supply chain software company working to increase the amount of collaboration in supply chain-based commerce. They use blockchain to create platforms that incentivize collaboration without compromising security or intellectual property. They have created a blockchain-based zero knowledge technology that allows participants to collaborate and set terms without exposing key IP.

Founded: 2014

Funding type:  Private


Want more blockchain in supply chain management content?

Read: Blockchain in Supply Chain Management: 10+ Possible Use Cases

About Sam Mire

Sam is a Market Research Analyst at Disruptor Daily. He's a trained journalist with experience in the field of disruptive technology. He’s versed in the impact that blockchain technology is having on industries of today, from healthcare to cannabis. He’s written extensively on the individuals and companies shaping the future of tech, working directly with many of them to advance their vision. Sam is known for writing work that brings value to industry professionals and the generally curious – as well as an occasional smile to the face.