Within the framework of the 4th SAP International Mining and Metallurgical Summit, an initiative was announced to create a unified industry register of certificates for steel products based on the blockchain. The idea was supported by Russian metallurgical companies - Severstal, Zagorsk Pipe Plant, as well as industry associations. The system may be launched next year and will unite key market participants in the fight against fraud.
“The problem of combating counterfeit products on the market is extremely acute. For example, according to expert estimates, the volume of counterfeit supplies exceeds 10% from consumption. Thanks to the global expertise of SAP, industry expertise of participants and innovative technologies, we can offer both manufacturers and consumers effective tools that can effectively counter such threats, "said Andrey Filatov, General Director of SAP CIS.
Distributed ledger technologies will create a unified an industry-wide solution that will be equally managed by all participating companies (metal producers). Such a system will provide a transparent and fair competitive environment: all participants in the initiative will receive rights to manage the registry, and the data that will be stored on the blockchain will remain unchanged. Consumers of products by the number of the certificate and the manufacturer will be able to check their accuracy.
“The unified register of certificates will greatly facilitate the standardization of document flow between suppliers and customers. This project will become one of the serious steps in the fight against counterfeiting along with the introduction of GOSTs and other tools to protect the domestic market from low-quality products, "said Sergei Dunaev, CIO of Severstal.
Joint efforts of experts the industry will help create a common digital platform for the implementation of unified industry solutions for the marking of metal products and quality certificates and to combat the circulation of counterfeit and counterfeit products on the metal products market, "commented Gennady Eremin, the Commission of the Russian Steel Association" on technical regulation, standardization and conformity assessment of the Federal State Unitary Enterprise TsNIIchermet them. I.P. Bardin ".
