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Orlan System (blockchain platform)

Product
The name of the base system (platform): Blockchain Technology Projects
Developers: Orlan System, Alfa Bank Russia, S7 TehLab (S7 Techlab)
Date of the premiere of the system: November 2021
Branches: Construction and construction materials industry

2021: Launch of blockchain platform for construction industry

On November 8, 2021, it was announced the launch of a platform Russia blockchain for the construction industry. " Orlan System It was developed by Orlan together Alfa Bank with and. S7 Techlab

According to the initiators of the project, it will help companies and individual entrepreneurs find reliable partners for the purchase of construction materials and services. As noted by the founder of Orlan Andrei Lupiy, the platform creates a financial security loop: it checks all its participants, monitors the quality of the delivered products, and in controversial situations helps resolve conflicts.

Blockchain platform for construction industry launched in Russia
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The buyer always wants to pay after receiving the item. And the seller wants to be sure that he will be paid. We cut this Gordian knot. Everything is simple: after payment, the buyer's money is stored in a secure account. When the deal closes, they automatically go to the seller. And if there was more or less goods, the platform itself will recalculate. Such a process is not only safe, but also saves the resources of all participants, "said Denis Dodon, director of the Alfa Bank Innovation Center, commenting on the launch of a blockchain platform for the construction sector.
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In addition, the blockchain platform provides several free services: optimization of business processes, electronic document management, support in controversial situations, informing about legislative changes and market trends.

Orlan is engaged in the digitalization of the construction industry and the creation of a transparent competitive environment in the market. In 2022, it is planned to launch a new direction - the Fund for the development of the construction industry and the support of innovative projects. It should help to effectively introduce new technologies to the market, according to the company.