KNNX

KNNX (formally known as DLT Labs) is a technology company that leverages blockchain and distributed ledger technology to provide enterprise solutions to improve complex multi-stakeholder processes in supply chain, finance, and logistics domains. The company offers a distributed platform with several solutions, which include 1) Asset Track, a platform focusing on supply chain management; 2) Certify, a digital assets verification platform; 3) Ecosystem, a platform for payments and settlements; and 4) Data Consent, a privacy and personal data management platform. Data captured through the platform are integrated and shared with stakeholders to establish a single source of truth.

The platforms have been designed to easily integrate with legacy systems and have been deployed in the retail, food and beverage, healthcare, mining, and agriculture industries. As of October 2023, the company claimed that its platform had recorded over 32 million blockchain transactions. Further, the company claimed that the platform had also been used to manage over 1.3 million loads and process over USD 1.8 trillion worth of invoices.

Key customers and partnerships

As of October 2023, the company’s clients included leading companies such as Walmart Canada, Teck, and Bison Transport. It was reported that KNNX’s collaboration with Walmart Canada is the world’s largest deployment of enterprise blockchain in an industrial application.