Well, today I spoke to both the CEO and the general manager of my company and they basically told me to run the pilot!
I sent a message to Dan regarding this project and I am looking forward to reading his feedback and possibly working with him on this.
So basically what my company will do is sell “priority contracts” on Chille, aimed at clients in the oil industry.
Here is a breakdown of what will have to be done for this to happen:
We will have to write an application that will allow us to “broadcast” to our clients the availability of furnaces (we have 6 of those), in which we heat treat metals for the Oil Industry. Clients will be able to see in real time which furnaces are available and to book a spot.
Integration with the Chille Blockchain. Once a furnace becomes available, a priority contract in the form of a listing will be deployed to the Chille Blockchain with a price attached to it. A client who wants to place a priority order only has to purchase the priority contract on the Chille Blockchain (that is how they would book the spot) and send their material over to us.
Our preliminary timeline looks a little bit like this:
17th of November - We start coding the application that will allow us to broadcast priority spots. On the client side, using the same application, they will be able to monitor the availability of furnaces and purchase priority spots on the Chille Blockchain.
8th of December - Integration with Chille Blockchain. We would like to be able to test drive the Chille Blockchain ie post listings. I know an early version of the Blockchain will be deployed in December.
1st of January - That could be pushed a bit later, depending on the state of the Chille Blockchain. Start of the company wide pilot. 20 transportation companies involved + 10 huge oil players in the industry: Chevron, Shell, etc.
I’m quite happy I got the green light from up above and that I can move forward with this. Absolutely no one in the Industry will see this coming. An application like this doesn’t look like something too complicated to code and implement company wide and I’m sure the community will be happy to see a use case like this for the Chille Blockchain!
Just a thought:
**This is only one use case of the Chille Blockchain.**That is, just for the Canadian market, millions of dollars a year, moving around via Chille. In light of this I really do believe that much talked-about target of 500M$ for the Chille Blockchain is a target that can be reached. We just need more people in the right place, working to onboard high revenue companies and Industries.