2Way solution by Elas
PROJECT OVERVIEW
Product: 2Way, a blockchain-powered logistics platform that connects construction material customers, suppliers, and drivers in real time to streamline procurement and delivery operations.
Solution provider: Elas digital
Industry: Construction logistics
Geographic Reach: Australia (initial deployment in Brisbane)
BSV Integration Start Date: 2023
BUSINESS CHALLENGE
Inefficiencies in the Supply Chain:
Inability to source heavy-duty materials quickly.
Reliance on personal contacts and manual systems.
Limited real-time visibility into supply and delivery availability.
Limitations of Traditional Systems:
Disconnected processes between customers, suppliers, and drivers.
No shared system of record for delivery verification.
Delays and budget overruns due to fragmented coordination.
WHY BSV?
Ideal Features:
Real-time data recording at ultra-low cost.
Public, verifiable audit trail via digital signatures.
Immutable, permissionless ledger ensuring stakeholder accountability.
Comparison to Other Blockchains:
BTC’s limited scripting functionality and high fees made it unsuitable.
BSV’s support for high throughput and native smart contract scripting enabled 2Way’s real-time logistics engine.
SOLUTION ARCHITECTURE
System Overview:
A mobile/web application linking customers, suppliers, and drivers.
Every transaction (order, pickup, delivery) is recorded on-chain.
Key Components:
Data Logging: Inventory levels, driver location, delivery updates.
Smart Contracts: Multi-party attestation via digital signatures.
Tokenization: BSV tokens represent job lifecycle steps.
Role of Partners:
Elas Digital: Designed and implemented the full blockchain-based solution, including smart contract development and UX design.
IMPLEMENTATION PROCESS
Rollout Phases:
Initial prototype with three user roles (customer, supplier, driver).
Pilot deployment in Brisbane-based construction sites.
System Integration:
Operates independently from legacy ERP systems.
Designed to be user-friendly with minimal blockchain exposure.
Onboarding:
Simplified onboarding of non-technical users.
Elas manages BSV interactions so users never handle crypto directly.
OUTCOMES & BUSINESS IMPACT
Key Improvements:
Reduced delivery coordination from days to hours.
Real-time transparency across the supply chain.
Improved accountability and reputational tracking.
Metrics:
Same-day fulfilment for heavy materials achieved.
Digital confirmations reduced disputes and enhanced trust.
Feedback:
Users praised the system’s clarity, speed, and accountability.
CHALLENGES & MITIGATIONS
Operational Challenge:
Ensuring all parties adopted the system without blockchain knowledge.
Mitigation:
Elas’s managed service abstracted the technical complexity.
Encrypted private data and public attestations maintained privacy and transparency.
FUTURE VISION
Expansion Plans:
Broaden rollout across Australia and additional sectors (e.g., mining, agriculture).
Integrate more smart contract logic for dynamic pricing, SLA enforcement.
BSV Functionalities to Explore:
Advanced token economics.
Integration with IoT devices and automated compliance triggers.
TESTIMONIAL HIGHLIGHTS
"What we've been able to do is provide a mechanism to deliver heavy construction materials in real time — within a day — with full accountability on the blockchain." — Mohammed Jaber, Co-Founder of Elas (paraphrased)
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