Guest Post: Laurie & Camille from Base Alpha discuss integrated platform solutions for supply chains and exchange markets
The Platformists combine TODA|ADOT containerisation, digital twin capture, data normalisation & AI/ML for their customers.
(3 min read)
We will frequently share content from customers, partners, technology providers, research collaborators and standards and regulatory thought leaders. Base Alpha was among the first integration and business solutions companies to adopt the TODA/ADOT technologies from TODAQ, and deliver integrated platforms and solutions for clients. Authors Laurie and Camille from the BaseAlpha management team discuss some of their impactful project work across Europe and the GCC and approach to delivering end customer value.
TODAQ Press.
Laurie Fischer, Director Strategy & Risk and Camille Lahoud, CTO Base Alpha
We are a UAE-based technology integrator and digital platform developer with two core business verticals at present. The first focuses on supply chain solutions in the waste management sector, and the second on data platforms to facilitate the exchange of high value, low liquidity assets. We are using TODA/ADOT software products as a fundamental part of our platforms’ backend technology stack.
We’re pleased to announce our first Base Alpha product, integrating a TODA architecture with IoT platforms in a waste management value chain, is in the process of live launch.
Exchanges to facilitate the trade of high-value, low-liquidity assets are in development, with first full commercial launch releases expected later in 2021. We’re looking forward to providing updates in due course.
Base Alpha’s Containerisation Strategy
Whether looking at low value construction waste or high value artwork, the containerisation of digital assets is central to how we think about platform design. The platforms use TODA files as containers for generating and capturing immutable data records, creating the digital twin of the asset they represent. Working with TODA to architect the most efficient and secure file structures, we capture the core data related to a real-world asset in the container’s payload. As the asset progresses through its real-world lifecycle and gets transacted through a supply chain or marketplace, additional data inputs, attributes and histories are added to the container. These additions occur in a range of ways, including the hashing of metadata at the point of transaction and the combining of multiple files with distinct origins into single containers.
The platforms will deliver particular benefits in markets containing a number of disparate actors, processes or systems through which the asset will pass. The TODA architecture allows each of these actors or actions to input data as an independent, authenticated participant in the ecosystem. For example, a high-value artwork could repeatedly change possession and ownership. It will also be subject to multiple external inputs, including valuations, condition reports, restoration or maintenance actions, insurance, transportation and storage. A part of Base Alpha’s value for our customers is to securely and easily allow the substance of each of these interactions to be recorded or input by independent but authenticated actors. This additional information will be stored within the asset’s container and can be traced and verified by interested parties, whether that be auditors or potential buyers, to see who has done what, when and how.
Building the asset’s data stack in this way, with multiple external but validated inputs, contributes to an accumulated proof of integrity and, ultimately, an asset’s value. Liquidity is also improved with the ability to settle transactions with integrity, speed and efficiency built in.
We typically integrate a number of other technology and design features that enhance the power of the platforms. Examples of note include:
Technology integrations to tie the real-world asset to its digital twin. This can include anything from basic photographs to more sophisticated attribute capture. Hashed as part of the asset’s original file payload, this will enable the digital asset to contain and carry with it a physical fingerprint from its real-world twin.
An integral data normalisation strategy to allow for targeted data analytics powered by bespoke platform AI/ML modules. These modules can learn from and analyse either the container’s payload itself (for example for image recognition, classification and validation purposes) or data related to transactions and participants on the platform. The latter will power platform ranking and recommendation engines that, through tracking assets and transactions through time, will allow participants to build reputations and expose good or bad performance.
Being Platformists is our identity as a company, and that means platforms that lower costs, increase asset and product values through provable quality and authenticity, and open up previously inaccessible markets and distribution channels for our clients and end users.
Want to speak with Base Alpha? Please reach out here.
If you enjoyed this content and would like to see more, please subscribe to the TODAQ Press and share this post with someone who might appreciate this content.
Thank you!