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The advent of smart transportation solutions has led to the gradual rise of digital twin technology in the supply chain sphere. The data from systems that range from GPS monitoring on shipments to IoT sensors on cargo, machinery, and equipment can be used to form an accurate virtual model of operations. Historically, warehouse and supply chain managers have relied on manual processes to manage logistics prone to disruptions such as demand fluctuations, product shortages, logistics bottlenecks, uncertainty in obtaining raw materials, and shipping delays. To eliminate the drawbacks of traditional logistics tracking methods, an innovative digital solution provider serves the logistic industry to help create a harmonized global trade environment. Hong Kong-based IQAX brings a deep understanding of ocean shipping and a strong heritage in global trade digitalization to deliver logistics visibility. IQAX relies on blockchain, IoT, big data, and AI techniques to build intelligent solutions for the industry and serve its customers.
IQAX facilitates access to a broad range of data and responds instantaneously to supply chain disruptions. Leveraging the unique capabilities of blockchain technology, IQAX is launching solutions to build industry-leading technological expertise: an ecosystem that transcends the limitations of the parallel working paradigm to deliver predictive analytics, end-to-end visibility, and digitalized process management throughout the entire supply chain.
Today, every customer and supply chain stakeholder needs to monitor the status of vessels across the globe, and the Automatic Identification System (AIS) provides access to live vessel information.
At IQAX we use a digital twin to fill in gaps and imperfections that exist in the world of data while providing the best quality view into the past, present and future
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