RELEASED: Austrian Startup S1Seven GmbH develops #blockchain-based steel trading database! 🇦🇹

Source: Cointelegraph

Cointelegraph and INDUSTRIEMAGAZIN report that the startup Steel But Smart is working on a blockchain-based steel trading data system.

Alukönigstahl CEO Stefan Grüll Stefan Grüll and Hannes Stiebitzhofer are developing a new business model of a blockchain-based steel trading database dubbed “STEEL but SMART,” which targets traditional use cases. Within the framework of the project, Grüll reportedly founded a separate company called S1Seven GmbH that undertakes all blockchain-related activities.

The system is set to provide stakeholders with clear data on steel products’ origin, account and #industry standards, as well as information about product properties, processing, and deployment. As a result, the company intends to create a single source of complete documentation of the production history. Cool, it could be a breakthrough for many other cases!

This project is also supported by Austrian blockchain company RIDDLE&CODE – The Blockchain Interface Company and Sebastian BeckerThomas FuerstnerAlexander Koppel, which recently developed a blockchain based car wallet for automotive giant Daimler AG.

#ReturnOnSociety
Source: #Cointelegraph#Industriemagazin

Twitter: https://twitter.com/cryptorobby_

Instagram: https://www.instagram.com/cryptorobby_/

LinkedIn: https://www.linkedin.com/in/robert-schwertner/

Author: CryptoRobby

Robby Schwertner [CryptoRobby] CEO INNOMAGIC GmbH

One thought on “RELEASED: Austrian Startup S1Seven GmbH develops #blockchain-based steel trading database! 🇦🇹”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s