Wavedancer Wraps up Year With Nearly $500K of Additional Revenue in Its Secure Supply Chain Technology Business
Contract with US Government provides security, visibility, and easy auditability on a complex, global supply chain
WaveDancer, Inc., announced that the Company recognized nearly $500k in revenue before the year’s end, from their United States government contract implementing their end-to-end blockchain-enabled supply chain management platform. WaveDancer has taken a very complex supply chain and enabled blockchain throughout every step of the process – from acquisition to final delivery – allowing the customer to have security, visibility, and easy auditability of their entire supply chain ecosystem.
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“Given the complexity and sensitivity of this mission, I am extremely proud of the work we’ve done for the US Government to develop an easy-to-use interface powered by the security and transparency capabilities of blockchain technology,” said Jamie Benoit, WaveDancer’s CEO. “Combined with our recent successes with commercial clients, we are beginning to lead the way for a new type of supply chain management system that provides enterprises with instant visibility and verification of their data with the complete security and transparency of distributed ledger.”
WaveDancer’s platform includes acquisition capabilities including the use of smart contracts, track and trace from start to finish, and instantaneous auditability. Additionally, the security associated with WaveDancer’s blockchain algorithms allows for the aggregation of sensitive data which can then be analyzed through Artificial Intelligence (AI) and Machine Learning to provide precise insights and outputs on a global scale.