Orbweaver Announces Blockchain, Smart Contract, and Crypto-Currency Support

Orbweaver Announces Blockchain, Smart Contract, and Crypto-Currency Support
Orbweaver Announces Blockchain, Smart Contract, and Crypto-Currency Support

BETHLEHEM, Pa.–(BUSINESS WIRE)–Today, Orbweaver Sourcing, LLC, a data integration and automation company focusing on the electronics industry, announced support for blockchain, smart contract, and non-fungible token specifications, as well as support for the acceptance of standard crypto-currencies for payment.

“Blockchain-based technologies provide a clear and auditable mechanism for the exchange of information and payment,” said Tony Powell, CTO of Orbweaver Sourcing, LLC. “Orbweaver’s platform now supports these specifications so our customers can quickly participate in any blockchain-based integration without extensive development expense.”

Orbweaver operates primarily in the electronics manufacturing industry, with customers in automotive, industrial manufacturing, electrical, aerospace, and adjacent industries with manufacturing-to-distribution supply chains. Their core products are focused on automating the data moving in and out of a company, in any format. Orbweaver’s DataHub product acts as a universal data translator, allowing companies to quickly and easily send and receive digital documents regardless of format. The primary modes of digital communication supported by Orbweaver DataHub include API, EDI, flat files (ETL), JSON, and XML/CXML.

Orbweaver’s customers typically use the core integration product to facilitate the buying and selling of parts. In any industry with a reasonably complex supply chain, several documents must be exchanged (often manually) in order to facilitate a purchase or sale. Those documents include RFQs, quotes, purchase orders, change orders, invoices, ship notifications, forecasts, sales data, among others. Orbweaver automates the sending and receiving of those documents to make the relationship between two trading partners more efficient and, ultimately, generate more profitable transactions for both parties.

“As supply chains continue to move forward with automation and digitization, it’s imperative that organizations adapt to emerging technologies such as blockchain,” said Powell. “We are excited to help facilitate such progress for our customers.”

About Orbweaver Sourcing, LLC: Orbweaver is a data integration and automation company based in Bethlehem, PA. The company moves roughly one million pieces of information per second for its customers, and is a trusted provider to many of the largest global manufacturers and distributors. Orbweaver has led the charge in supply chain integration and automation in the electronic industry since 2012. For more information visit www.orbweaver.com.

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