Case Studies > Renault’s Blockchain-based Supply Chain Solution
Renault has developed a blockchain solution to certify the compliance of vehicle components from design to production to meet safety standards across multiple countries. This certification process involves tracking thousands of pieces of information and millions of documents related to regulatory features, geometric characteristics, and materials used in manufacturing.
The Renault Group has developed XCEED, a blockchain-based platform that provides traceability and compliance management for the European automotive industry. The platform is designed to meet growing regulatory requirements while protecting confidential data and intellectual property.
It enables automakers and suppliers to share information with regulators in near real-time, allowing them to respond quickly when new regulations come into force. XCEED is open to global OEMs and suppliers of all sizes throughout the supply chain, providing access to a shared digital tool with powerful capabilities.
The XCEED project provides certification and traceability, enabling collaborative and efficient work with suppliers. Additionally, automated QR code capture eliminates factory value-added operations, while automated sharing ensures accuracy and saves time.
Hyperledger Private Blockchain is an innovative technology that provides businesses with a secure, distributed ledger system. With Hyperledger Private Blockchain, businesses can create their private blockchain networks and securely store their data in the distributed ledger. This technology eliminates the need for centralized servers and makes it possible to maintain secure, private data on the network.
Each of these industries has its unique requirements and challenges. Our solutions are designed to meet those individual needs while providing cost savings through increased efficiency and reliability. Look at how our solutions are applied across industries and will continue to transform how we work daily.
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