Until a blockchain project proves itself by giving real-life examples, we can't consider it a good project. If you check the current situation of the crypto market, then you will find that many blockchains blockchain projects vanished because they have no use-case. Still, some hidden gems like Taraxa entirely focused on their project building; hence, after a few months of launch, it collaborated with some organizations to provide its services. Today, in this article, we will read about these projects and understand how Taraxa is helping them.

Let's start this article with an introduction of Taraxa and its founder. The Taraxa blockchain project was founded in 2018 by Steven Pu and co-founded by Justin Snapp. Taraxa is a public blockchain platform purpose-built for audit logging of informal transactions. You can check more about Taraxa's vision by visiting here.

Let's learn about all organizations that are taking benefit from the Taraxa blockchain.

• UniCask leveraging Taraxa to secure sensor data from wine casks

Unicask is one of Japan's most significant spirits trading organisations. It uses Taraxa's Helio platform to give each cask a unique, tamper-proof identity and cryptographically guarantees the sensor data’s provenance and immutability. It helps the owner track rare and collectable spirits, and the owner can track location, which allows them to get assurance on the product quality.{Reference}

• AccuGroup using Taraxa to eliminate blind spots in the auto-parts quality assurance process.

Without oversight and auditing in the supply chain of auto parts can result in quality less product or vehicle. Still, the auto part supply chain is the most complex because the company has to track every component. With insufficient data and transparency, the auto part supply chain comes under top-20 supply chain risks as mentioned by OEMs (Original Equipment Manufacturers).

Most of the transactions in the auto parts industries happen informally, which means it is impossible to find typical errors that can lead to permanent damage, but AccuGroup is an automotive quality assurance company that provides quality certification, inspection, and consulting services to supply chain players on behalf of automakers.

To make the auto parts supply chain auditable, Taraxa introduced Marinate platform to AccuGroup, which helps track informal agreements created by the complicated network of associates they encounter in their operations.{Reference}

How does Marinate platform work?

Marinate platform powered by Taraxa blockchain, which helps to record all informal transactions (chat apps, texting, or emailing) and securing them into an immutable audit trail, the entire quality assurance process becomes far more transparent and trustworthy. After Marinate transparently organized all informal transactions, the suppliers and distributors can verify all informal transactions.

Let's discuss more use-cases of Marinate platform

• Marinate helps constructions to stay on time and on budget

It is tough to track changes in orders, correct billing, and timely payouts can be very tricky during construction work. There can be up to 50 change orders on the site daily, which happens through informal transactions (messaging, emailing, faxing, or conversations), leading to trivial change order approvals and debating with the customer about the scope of work or amount of payment.

Now you can smoothly work between several projects at the same time across multiple teams. Through the Marinate platform, you can track the change orders, follow the construction stages, forecast delays, and browse all change orders on the project in a single, serial view. They are automatically dated and time-stamped. {Reference}

• Marinate platform can help to speed up remote work

After the pandemic, many companies forced their employees to work remotely, which can be a new face of work. Still, there are many problems with remote work like many chat and meetings brings delay in work, remote approvals take time, hard to track team performance, find minor errors, spend lots of time connecting A to B, etc.

The Marinate platform can help a project move along as planned and keep all employees on a single page. Marinate lets you get critical approvals faster, adding transparency and verifiability to every sign-off on the project. Marinate help you to stay focused on the project by sending automatic text, so you don't need to check Slack constantly and give transparency so can you track who is reviewing and what is missing. {Reference}

Conclusion: Before writing this article, I studied the Taraxa blockchain, where I realized they are focusing on the space where nobody doing anything like all the blockchain projects are busy with the creation of Dapps, NFT, Defi, etc., but Taraxa focusing on tracking informal transaction and in our daily life most of the transactions we are doing are belongs to the informal transaction and using blockchain to make an entity trustworthy. 

For more pieces of information don't forget to check below:

Website: https://taraxa.io/

Twitter: https://taraxa.io/twitter

Telegram: https://taraxa.io/tg

Discord: https://taraxa.io/discord