Orbweaver to now support blockchain and crypto-based payments

Orbweaver to now support blockchain and crypto-based payments

Pennsylvania-based data integration and automation firm, Orbweaver Sourcing, LLC has reportedly announced the support for smart contract, blockchain, and non-fungible token specifications, along with accepting crypto-currencies as a form of payment.

According to Tony Powell, CTO, Orbweaver Sourcing LLC, the company’s platform now supports a clear and audible mechanism to facilitate the exchange of payment and information allowing its customers to participate in any blockchain-led integrations without the extensive development cost.

Notably, Orbweaver primarily specializes in the electronics manufacturing industry with customers in the aerospace, automobile, industrial manufacturing, electrical, and adjacent industries with production-to- distribution supply chain.

The company’s core product portfolio is focused on automating data which moves in and out of the company, in any manner. The company’s DataHub offering acts as a universal data translator which allows other firms to swiftly and reliably send and receive digital documents irrespective of the format.

The main modes of digital communication supported by Orbweaver DataHub are EDI, flat files (ETL), API, XML/CXML, and JSON.

For the record, Orbweaver’s large customer base typically uses the core integration product to facilitate the purchase and sale of components. In any industry with a complicated supply chain, many documents are manually exchanged in order to complete a sale or purchase.

Seemingly, these documents include purchase orders, RFQs, invoices, change orders, quotes, sales data, shipping notifications, forecasts, and various others. The novel technology by Orbweaver Sourcing automates the exchange of documents making the relationship between the traders efficient, eventually expanding the profit margin for both.

Incorporated in the year 2012, Orbweaver Sourcing LLC is a recognized data integration and automation firm. The company moves nearly one million pieces of data per second for its clients and is also a trusted provider to many leading global distributors and manufacturers.

Source Credit: https://www.businesswire.com/news/home/20210303005984/en/Orbweaver-Announces-Blockchain-Smart-Contract-and-Crypto-Currency-Support