Description
Synota, established in 2022 by Austin Mitchell and Lisa Scott, is a blockchain-based platform developed to transform the supply chain and procurement processes through the use of Distributed Ledger Technology (DLT). Aimed at solving issues like counterfeiting, inefficiencies, and lack of traceability, Synota offers real-time tracking, smart contracts for the automatic execution of agreements, and digital identity verification for products and participants. Its platform is designed to improve operational efficiency, reduce costs, and ensure the integrity and sustainability of supply chains by promoting ethical sourcing and environmental responsibility. With software development led by Max Dignan, Synota is backed by a team possessing a cumulative 125 years of energy industry experience and Lightning Network expertise, positioning it firmly within the web3 and blockchain ecosystem for decentralized supply chain management and procurement solutions.
Synota, established in 2022 by Austin Mitchell and Lisa Scott, is a blockchain-based platform developed to transform the supply chain and procurement processes through the use of Distributed Ledger Technology (DLT). Aimed at solving issues like counterfeiting, inefficiencies, and lack of traceability, Synota offers real-time tracking, smart contracts for the automatic execution of agreements, and digital identity verification for products and participants. Its platform is designed to improve operational efficiency, reduce costs, and ensure the integrity and sustainability of supply chains by promoting ethical sourcing and environmental responsibility. With software development led by Max Dignan, Synota is backed by a team possessing a cumulative 125 years of energy industry experience and Lightning Network expertise, positioning it firmly within the web3 and blockchain ecosystem for decentralized supply chain management and procurement solutions.
