{"id":25091,"date":"2024-03-02T17:47:46","date_gmt":"2024-03-03T01:47:46","guid":{"rendered":"https:\/\/essential.construction\/news\/data-gumbo-and-atlas-rfid-automating-construction-supply-chain-contracts-with-rfid-and-blockchain\/"},"modified":"2024-03-02T17:47:48","modified_gmt":"2024-03-03T01:47:48","slug":"data-gumbo-and-atlas-rfid-automating-construction-supply-chain-contracts-with-rfid-and-blockchain","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/data-gumbo-and-atlas-rfid-automating-construction-supply-chain-contracts-with-rfid-and-blockchain\/","title":{"rendered":"Data Gumbo and Atlas RFID Automating Construction Supply Chain Contracts with RFID and Blockchain"},"content":{"rendered":"<p> <a href=\"https:\/\/essential.construction\/files\/membership-default-internal\/\" class=\"memberhide\"><img decoding=\"async\" src=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2023\/01\/20220718_175041000_iOS.jpg\" alt=\"-\"><\/a><br\/><br \/>\n<\/p>\n<div id=\"\">\n<p><a rel=\"nofollow noopener\" href=\"http:\/\/www.datagumbo.com\/\" target=\"_blank\">Data Gumbo<\/a>, the trusted industrial blockchain network, today announced a partnership with\u00a0<a rel=\"nofollow noopener\" href=\"https:\/\/jovix.com\/\" target=\"_blank\">Atlas RFID<\/a>, provider of the\u00a0Jovix\u00ae Material Readiness\u00ae software solution.\u00a0The collaboration brings automated, touchless transactions and unparalleled visibility to the\u00a0heavy industrial construction sector for commercial contracts.\u00a0<\/p>\n<p>Two joint implementations are currently underway with a national oil company (NOC): tracking hundreds-of-millions of dollars in chemicals and establishing provenance to curb counterfeits, losses, and expirations; and also establishing provenance and life cycle management of the company\u2019s steel pipe orders and assets.<\/p>\n<p>\u201cThis partnership marks a big step forward in the digital automation and visibility of the industrial construction supply chain,\u201d said <strong>Andrew Bruce<\/strong>, CEO, Data Gumbo. \u201cRight from the start, we are delivering massive value to a NOC who expects to significantly reduce material losses with a transparent, single source of truth on GumboNet with data supplied by Jovix. The savings will\u00a0 exceed millions per year for the NOC, and we look forward to furthering the\u00a0digital revolution within construction and capital projects with the team at Atlas RFID.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><noscript><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2024\/03\/Construction-contracts-blockchain.jpg\" alt=\"-\" class=\"wp-image-1011384 lazyload\" srcset=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2024\/03\/Construction-contracts-blockchain.jpg 1920w, https:\/\/aec-business.com\/wp-content\/uploads\/2020\/10\/Construction-contracts-blockchain-1200x675.jpg 1200w, https:\/\/aec-business.com\/wp-content\/uploads\/2020\/10\/Construction-contracts-blockchain-768x432.jpg 768w, https:\/\/aec-business.com\/wp-content\/uploads\/2020\/10\/Construction-contracts-blockchain-1536x864.jpg 1536w, https:\/\/aec-business.com\/wp-content\/uploads\/2020\/10\/Construction-contracts-blockchain-990x557.jpg 990w, https:\/\/aec-business.com\/wp-content\/uploads\/2020\/10\/Construction-contracts-blockchain-1320x743.jpg 1320w, https:\/\/aec-business.com\/wp-content\/uploads\/2020\/10\/Construction-contracts-blockchain-470x264.jpg 470w, https:\/\/aec-business.com\/wp-content\/uploads\/2020\/10\/Construction-contracts-blockchain-640x360.jpg 640w, https:\/\/aec-business.com\/wp-content\/uploads\/2020\/10\/Construction-contracts-blockchain-215x120.jpg 215w, https:\/\/aec-business.com\/wp-content\/uploads\/2020\/10\/Construction-contracts-blockchain-300x168.jpg 300w, https:\/\/aec-business.com\/wp-content\/uploads\/2020\/10\/Construction-contracts-blockchain-414x232.jpg 414w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\"><\/noscript><\/figure>\n<p>Data Gumbo will utilize Jovix\u2019s validation data,\u00a0a combination of web-based\u00a0server software, mobile devices, and smart RFID tags and barcode labels, on GumboNet, the company\u2019s massively interconnected industrial blockchain network. GumboNet digests terms from natural language contracts including payment terms, rates, modifiers, penalties and more, and translates real-world agreements into automated smart contracts thus eliminating administrative drag, contract fraud and operational inefficiencies.<\/p>\n<p>\u201cAs our first blockchain partner, Data Gumbo opens up the world of smart contracts to our customer base and, subsequently, enables us to offer the vast benefits of commercial transaction automation to them,\u201d said\u00a0<strong>Jon Chesser<\/strong>, Chief Revenue Officer, Atlas RFID Solutions. \u201cThis partnership brings to market integrated technologies that enable truly touchless transactions across the construction supply chain.\u201d\u00a0<\/p>\n<p>Data Gumbo will be participating in the Jovix Executive Forum on October 19-21, 2020, in the Tech Zone of the virtual booth. For more information, please visit\u00a0<a rel=\"nofollow noopener\" href=\"http:\/\/www.jef.jovix.com\/\" target=\"_blank\">www.jef.jovix.com<\/a>.<\/p>\n<p><strong>About Atlas RFID Solutions<\/strong><\/p>\n<p>Atlas RFID Solutions develops, sells, integrates and supports Jovix, a software solution that leverages RFID and mobile technology to\u00a0<a rel=\"nofollow noopener\" href=\"https:\/\/jovix.com\/solutions\/track-trace\/\" target=\"_blank\">track the location and status of materials<\/a>\u00a0on international mega-projects to digitize the construction supply chain.\u202fThe biggest engineering, procurement, and construction (EPC) contractors, owner\/operators, and suppliers in the world use Jovix because it is one of the only firms that can offer a complete end-to-end customized solution for Material Readiness. Since 2009, Jovix has been used to track 3.5 billion pieces of material and over 250 million material transactions. For more information, please visit\u00a0<a rel=\"nofollow noopener\" href=\"http:\/\/www.jovix.com\/\" target=\"_blank\">www.jovix.com<\/a>.<\/p>\n<p><strong>About Data Gumbo<br \/><\/strong>Data Gumbo provides transactional certainty for tomorrow\u2019s industrial leaders through GumboNet\u2122, a massively interconnected industrial blockchain network. With integrated real-time capabilities that power, automate and execute smart contracts, our network reduces contract leakage, frees up working capital, enables real-time cash and financial management, and delivers provenance with unprecedented speed, accuracy, visibility, and transparency. Headquartered in Houston, Texas, Data Gumbo has a subsidiary office in Stavanger, Norway. To date, the company has received equity funding with Saudi Aramco Energy Ventures, the venture subsidiary of Saudi Aramco, and Equinor Technology Ventures, the venture subsidiary of Equinor, Norway\u2019s leading energy operator. For more information, visit\u00a0<a rel=\"nofollow noopener\" href=\"http:\/\/www.datagumbo.com\/\" target=\"_blank\">www.datagumbo.com<\/a>\u00a0or follow on\u00a0<a rel=\"nofollow noopener\" href=\"https:\/\/www.linkedin.com\/company\/data-gumbo\/\" target=\"_blank\">LinkedIn<\/a>,\u00a0<a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/DataGumbo\" target=\"_blank\">@DataGumbo<\/a>\u00a0and\u00a0<a rel=\"nofollow noopener\" href=\"https:\/\/www.facebook.com\/datagumbo\/\" target=\"_blank\">Facebook<\/a>.<\/p>\n<p><em>Source and images: JOVIX EXECUTIVE FORUM; HOUSTON &amp; BIRMINGHAM, Ala \u2014 October 19, 2020<\/em><\/p>\n<p> <span class=\"et_social_bottom_trigger\"\/><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5143531171910809\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- News - Bottom -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-5143531171910809\"\r\n     data-ad-slot=\"8320848692\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/aec-business.com\/data-gumbo-and-atlas-rfid-automating-construction-supply-chain-contracts-with-rfid-and-blockchain\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data Gumbo, the trusted industrial blockchain network, today announced a partnership with\u00a0Atlas RFID, provider of the\u00a0Jovix\u00ae Material Readiness\u00ae software solution.\u00a0The &#8230; <a title=\"Data Gumbo and Atlas RFID Automating Construction Supply Chain Contracts with RFID and Blockchain\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/data-gumbo-and-atlas-rfid-automating-construction-supply-chain-contracts-with-rfid-and-blockchain\/\" aria-label=\"Read more about Data Gumbo and Atlas RFID Automating Construction Supply Chain Contracts with RFID and Blockchain\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":25092,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1062,1066],"tags":[],"class_list":["post-25091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aec-business","category-all-posts","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/25091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=25091"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/25091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media\/25092"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=25091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=25091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=25091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}