RWA Tokenization in Metallurgy Sector
2
months for development
7
people development team
74 %
increased supply chain transparency
100 %
ensured compliance with GDPR
Project Overview
Industry: Metallurgy
Client Location:
USA
Solution:
This solution integrates real-world metal data and streamlines emission documentation, promoting transparency throughout the client's supply chain.
Pain points / challenge:
The client is struggling to prove the origin of their recycled metals and document emissions during processing.
Business Challenge
The client is facing difficulties in two key areas of their metal recycling operations: proving the origin of the metals they process and accurately documenting the emissions generated during the recycling process. This lack of transparency makes it challenging to ensure accountability throughout their supply chain.
Enhancing transparency in these areas is crucial for the client to achieve their sustainability goals and comply with regulations. Consumers are increasingly demanding ethically sourced materials, and regulations around emissions are becoming stricter. By addressing these challenges, the client can demonstrate their commitment to responsible recycling practices and gain a competitive advantage.
Solution
OmiSoft delivered a solution incorporating RWA tokenization and proof of origin development to address the client’s challenges across various aspects. We developed a user-friendly method for integrating real-world asset tokenization of metal data into the client’s web application. This allowed the client to seamlessly track the origin of the metals they process, enhancing transparency in their supply chain.
To ensure data security, we implemented a robust server-to-server authentication strategy and secured sensitive data through encryption and access controls. This not only protected the client’s information but also ensured compliance with international data protection regulations.
Tech Stack used
Docker
Java
SpringBoot
Hedera network
Business Results
OmiSoft’s RWA tokenization and proof of origin development solution transformed the client’s metal recycling operations by integrating real-world data seamlessly into their web application. We built a scalable architecture with precise data extraction, a user-friendly interface, and API integrations to eliminate data silos, providing a complete view of the recycling process.
Enhanced security through encryption and access controls protected sensitive data, while performance optimizations ensured smooth operation under heavy data loads. Compliance with GDPR and CCPA was ensured, and comprehensive training empowered the client’s team to effectively manage the system.
