Group Purchase Order
secured by Blockchain and Bosch IoT
Patent Pending USPTO No. 62/517,220
Wholebuy: A Bosch IoT Partner and Global Distributor
Wholebuy has partnered with Bosch, the global leader in IoT, to offer unprecedented security over assets.
Our Technology - Driven by Trust and Security
By pooling their purchase orders together, wholebuyers get greater volume discounts and cheaper shipping.
Manufacturers increase sales volumes, increase supply chain transparency, and maximize efficiency with one group purchase order and one shipment.
IoT + Blockchain
Our Bosch IoT devices provide real-time environmental, damage, tamper, and geolocation tracking and visibility for assets.
IoT sensor data is then secured on the blockchain and used to execute Wholebuy blockchain powered smart contracts. For example: only releasing funds when environmental and location requirements are met.
By reducing the risk of tampering and fraud with blockchain and Bosch IoT, Wholebuy increases trust, accountability and transparency between businesses.
SECURED WITH BLOCKCHAIN
Blockchain is a permanent distributed ledger for recording the history of transactions. All transaction and asset data is unalterable, time stamped, encrypted, distributed and audited by multiple servers around the world.
Private and Permissioned-Based
Wholebuy is an enterprise grade permission-based private blockchain built on Hyperledger Fabric. This ensures that only participating wholebuyers can view relevant transaction details.
Wholebuy reduces business-to-business transaction time from days to hours. With one group purchase order, one negotiation, and one shipment, Wholebuy eliminates many overhead and intermediary costs.
We come from the wholesale and logistics industries. We have constantly seen the industry pain points involved in B2B trade. Most consistently, we have seen great businesses struggle from not having enough purchasing power. This prevents them from meeting high minimum order quantities, and starves them with low margins and expensive low volume shipping.
We have created wholebuy to reduce and eliminate these pain points.