SupplyRight Lite

SupplyRight: Tokenized Supply Rights & Production Risk Recovery

The Problem

In B2B supply chains, manufacturers and importers often make advance payments to secure critical materials or products. When suppliers fail to fulfill their commitments, buyers can face production delays, trapped working capital, and complicated financial recovery processes.

Existing protection and recovery mechanisms often require coordination between multiple parties, creating operational complexity and delays.

Our Solution

SupplyRight is an Ethereum-based infrastructure concept that connects B2B supply commitments with prefunded financial protection and tokenized recovery claims.

The platform is designed to enable transparent protection funding, verified claim processing, and programmable settlement when suppliers fail to fulfill agreed obligations.

How It Works

1. A buyer registers a B2B purchase order and its protection terms.

2. A protection provider commits funds to a smart contract.

3. An authorized verifier confirms whether predefined supplier-default conditions have been met.

4. The smart contract releases compensation to the buyer and simultaneously issues a Recovery Claim NFT to the protection provider.

RWA Use Case & Web3 Innovation

SupplyRight brings contractual supply rights and recovery-claim records onchain.

Its core innovation is Programmable Subrogation: the atomic execution of compensation and digital recovery-claim assignment within one blockchain transaction.

Ethereum provides transparent protection-fund balances, auditable transactions, and programmable settlement rules.

Hackathon MVP

Our prototype focuses on one protected purchase order, simulated supplier-default verification, and atomic settlement using test tokens.

The Recovery Claim NFT represents an onchain record of a contractual claim. Actual legal enforceability and transfer of recovery rights require valid offchain agreements.

Target Users

Manufacturers, importers, distributors, and institutional protection providers managing financial risks associated with supplier non-performance.

Vision

Build interoperable infrastructure for managing B2B commercial protection and recovery rights, starting with supplier-default protection.

During the Ethereum Jakarta Hackathon 2026 (October 9–10), our four-member team developed SupplyRight, a Web3 prototype that transforms real-world supply commitments into programmable, collateral-backed financial protection.

The project originated from a real manufacturing supply-chain challenge experienced by one of our team members. We translated this problem into an Ethereum-based workflow connecting four roles: Buyer, Registrar, Protection Provider, and Independent Verifier.

Our key achievements include:

• Smart Contracts: Implemented SupplyRight NFTs, Protection NFTs, Recovery Claim NFTs, a collateral vault, and a claim-management contract.

• End-to-End Workflow: Validated supply registration, protection funding, partial-default claims, independent verification, and atomic settlement on a local Ethereum network using Anvil.

• Atomic Settlement: Demonstrated a transaction that compensates the buyer with 16 mETH while issuing a Recovery Claim NFT to the provider, with 4 mETH remaining as collateral.

• Web3 Application: Developed an integrated interface covering supply registration, protection management, production risk, claims, provider operations, public verification, and role administration.

• Testing and Deployment: Documented 68 passing Foundry tests, including multi-signer integration tests, alongside 34 passing web CI tests. We also prepared and deployed contracts to Ethereum Sepolia.

Outcome: In two days, we progressed from a real industrial problem to a working, locally validated Web3 prototype with onchain settlement logic and a deployed application.

Our next milestones are completing the full multi-wallet Sepolia transaction workflow, strengthening independent verification, and validating real-world commercial and legal enforceability.

None as of the moment -- this is for a hackathon demo.