SI-Chain was established with the support of the Slovenian Ministry of Economic Development and Technology by the innovative technology company HashNet in cooperation with Telemach, a European telecommunication solutions provider. The technology will initially facilitate transactions and the creation of smart contracts.
SI-Chain Pilot transactions offer EMV smart contracts and Ethereum compatible dApp environment. The SI-Chain initiative explores the necessary supporting tools for implementing Blockchain services and outline the technology infrastructures which can support high speed and scalable fourth generation blockchain technology.
(1) To develop a framework/mechanism for development and implementation of Blockchain services infrastructure, which will be compatible and in line with European Blockchain services infrastructure and usable or extendable globally, and; (2) to create a Study on strategy for development and implementation of interoperable global blockchain technology infrastructure, taking into consideration existing standards for implementation of cross border Blockchain infrastructure in an interoperable manner.
4thpillar technologies joined the Slovenian National Blockchain testing Infrastructure SI-Chain at the beginning of 2020, since then, the team has been productive. It has already launched its first application, 4thtech’s FOURdx. FOURdx is a service that allows the secure and reliable exchange of documents and data across borders and sectors.
UN/CEFACT is a subsidiary of the United Nations Commission for Europe and is a key player within the United Nations Economic and Social Council for setting electronic business standards and trade facilitation recommendations. UNECE-Chain is a project of the UN/CEFACT to develop a whitepaper that acts as a guide for cross-border interoperable blockchain infrastructure.
The project is following two main orientations; (1) to develop a framework/mechanism for development and implementation UN/CEFACT blockchain services infrastructure, which will be compatible and in line with other services infrastructure and usable or extendable globally and; (2) to create a whitepaper on strategy for development and implementation of interoperable global blockchain technology infrastructure, taking into consideration existing standards for implementation of cross border Blockchain infrastructure in an interoperable manner.
Whitepaper aims to explore the challenges of implementing blockchain interoperability from legal, technical, and governance points of view. Interoperability is complex, and the fact that blockchain is still an emerging technology further complicates efforts to solve interoperability in the general case. With most pilot projects being conducted by private sector actors, there is a risk of the dominant technology being chosen by market forces alone. At the same time, there is an opportunity for the public sector to take an active role in guiding the development of the technology towards incorporating interoperability-by-design, as well as distributed governance models for DLT infrastructure.
The UNECE-Chain initiative highlights new technology and outlines promising use cases which boast improved trust, transparency and efficiency. 4thtech blockchain eDelivery protocol (i.e. FOURdx) is one of the use cases that will be presented and later featured in the recommendation whitepaper known as UNECE-Chain.
UNECE Geneva Event
4thTech blockchain eDelivery (i.e. FOURdx) is one of the use cases that were presented and they will later be featured in the recommendation whitepaper known as UNECE Chain. Watch the presentation by Dr. Tali Rezun, the 4thTech Initiative Head.
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