SettleMint, the company behind DALP, the Digital Asset Lifecycle Platform, is pleased to announce the successful completion of a development proof of concept (POC) in collaboration with Kawasaki Heavy Industries Ltd in Japan. This achievement underscores SettleMint's commitment to advancing blockchain technology and its applications across industries.
LEUVEN, BELGIUM, APRIL 12 2024 — Through this collaborative effort, SettleMint leveraged blockchain technology to facilitate the seamless integration of blockchain solutions within Kawasaki Heavy Industries' operations. The platform, renowned for its ease of use and efficiency, enabled Kawasaki Heavy Industries to explore the potential of blockchain in enhancing quality assurance and quality control systems.
Kawasaki Heavy Industries, known for its dedication to technological advancement, has been actively researching methods to establish quality assurance and quality control systems using immutable data. With blockchain identified as a key technology for achieving this objective, the collaboration with SettleMint marks a significant step forward in realizing their vision.
Together, SettleMint and Kawasaki Heavy Industries conducted incremental testing to apply blockchain technology to manufacturing processes. The collaborative efforts led in the development of mechanisms for recording hash values of manufacturing data and references on the blockchain. Additionally, an application was created to assess the compatibility of recorded hash values with potentially altered data, thereby enhancing efficiency and effectiveness in quality management.
This successful proof of concept highlights the transformative potential of blockchain technology in streamlining operations and ensuring data integrity. SettleMint's Blockchain Transformation platform played a pivotal role in enabling fast and effective deployment, setting a precedent for broader adoption across industries.
As both companies celebrate this milestone, they are committed to strengthening their partnership and pursuing future initiatives that drive innovation and value creation. Together, SettleMint and Kawasaki Heavy Industries aim to push the boundaries of what is achievable with blockchain technology.
About SettleMint:
SettleMint, headquartered in Leuven, Belgium, with offices in the UAE, Singapore, and Japan, is the company behind DALP, the Digital Asset Lifecycle Platform. DALP enables financial institutions, market infrastructure operators, and governments to build, deploy, and manage digital assets and blockchain applications at scale. Our holistic approach ensures that every initiative aligns with your business objectives, helping you drive significant value creation and gain a competitive edge in today’s digital economy.
About Kawasaki Heavy Industries:
Kawasaki Heavy Industries, Ltd. is general engineering manufacturer with over 125 years of experience manufacturing products spanning land, sea and air. Kawasaki established the Kawasaki Group’s new vision statement, “Group Vision 2030: Trustworthy Solutions for the Future,” and is focusing on three fields, “A Safe and Secure Remotely-Connected Society,” “Near-Future Mobility,” and “Energy and Environmental Solutions” in order to provide solutions for social issues. For “Energy and Environmental Solutions” in particular, by securing the technology necessary for the entire supply chain (for production, transportation, storage and utilization) ahead of the rest of the world, Kawasaki aims to bring about a society that utilizes hydrogen, the ultimate clean energy that emits no carbon dioxide when used. To learn more, visit https://global.kawasaki.com/en/
