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INTERNET | Internet Software & Services / Supply Chain & Logistics
spherity.com

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Founded Year

2017

Stage

Incubator/Accelerator - III | Alive

About Spherity

Spherity develops decentralized identity management solutions for industrial IoT applications.

Spherity Headquarter Location

ChausseestraBe 19

Berlin, 10115,

Germany

Latest Spherity News

DHS Awards $145K for Standards Based Digital Twin Solution for E-Commerce Shipment Traceability

Oct 9, 2020

October 9, 2020 The Department of Homeland Security (DHS)  Science and Technology Directorate  (S&T) has awarded $145,000 to Spherity GmbH, based in Dortmund, Germany, to develop a capability to enhance the supply chain traceability of direct-to-consumer e-commerce shipments. The Phase 1 award was made under the S&T  Silicon Valley Innovation Program  (SVIP) re-release of its Preventing Forgery & Counterfeiting of Certificates and Licenses solicitation, which sought standards-based blockchain and distributed ledger technology (DLT) solutions to fulfill additional needs across DHS missions. The volume of mail delivery for low-value e-commerce is significantly increasing, and new players with new business models are entering the space. This has a significant impact on U.S. Customs and Border Protection’s (CBP’s) workload, risk segmentation process, targeting priorities, and data collection. Spherity’s Phase 1 award project, “Digital Twins for e-Commerce Packages,” will adapt their core digital-twin binding technology to provide a capability to connect all parties in a transaction to provide package traceability from the internet purchase to the consumer. Building on this digital-twin source data, additional customs-related information (batch manifests, inspection clearances, and certificates) can be securely linked and shared among all e-commerce stakeholders while preserving privacy. The approach effectively replaces centralized lookup tables with a highly scalable and easier-to-protect digital ledger. “The unprecedented growth in volume of e-commerce shipments requires creative solutions to interdict illicit and dangerous products that seek to enter the United States.” said Anil John, SVIP technical director. “Spherity will address this challenge by adapting and leveraging a tamper-proof ‘digital twin’ of the package that contains advance information, provides a privacy-preserving, role-based access control mechanism, and is broadly interoperable by utilizing emerging World Wide Web Consortium (W3C) global standards.” Spherity’s proposed solution will provide CBP with a lightweight decentralized data exchange platform for improving data quality and targeting, and can drive adoption of open data platforms by key players such as shippers and U.S. Customs.

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Expert Collections containing Spherity

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Spherity is included in 4 Expert Collections, including Advanced Manufacturing.

A

Advanced Manufacturing

1,070 items

B

Blockchain

3,282 items

Companies and startups in this collection leverage blockchain technology for crypto investing and trading, decentralized finance (DeFi), NFTs, and more.

I

Internet of Things ( IoT )

3,149 items

S

Supply Chain & Logistics Tech

2,886 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

Spherity Web Traffic

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