Omnichain Named to Fast Company's Annual List of the World's Most Innovative Companies for 2020

LOS ANGELES - March 10, 2020 - PRLog -- Omnichain^TM announces it has been named to Fast Company's annual list of the World's Most Innovative Companies for 2020. The list honors the businesses making the most profound impact on both industry and culture, showcasing a variety of ways to thrive in today's fast-changing world. Omnichain is among the 434 businesses featured on the list, ranking within the top 10 in the Logistics category.

Omnichain was recognized for delivering a first-to-market, end-to-end supply chain automation software that enables brands and retailers to connect their disparate supply chain data through distributed ledger technology—also known as blockchain—empowering newfound trust, transparency and traceability across widespread supply chains. Omnichain was also commended for its innovative best-of-breed delivery model, which is helping to raise adoption of distributed ledger technology in consumer goods industries by making it tangible, scalable and affordable for organizations of all sizes.

In essence, the distributed ledger serves as a connectivity layer, meshing and decentralizing holistic supply chain data. Taking that data a step further, Omnichain's proprietary, intelligent planning algorithms provide companies the ability to simplify, orchestrate and automate the vast majority of their supply chain operations and workflows. The result is highly functional, proactive supply chains with every stakeholder working together to meet demand, exceed consumer expectations, maximize efficiency and maintain ethical and sustainable business practices to create shared business value.

Pratik Soni, founder and CEO of Omnichain, said, "It is a great honor for Omnichain to be named to such a prestigious list. I would like to congratulate and offer my full appreciation and respect to the fellow winners who are working to transform and shape the world for the better. At Omnichain, our fundamental mission is to build greater trust in the supply chain—between stakeholders and between brands and their consumers. We want to provide complete, irrefutable insight into product quality, provenance, safety, sustainability and ethical sourcing. It is with this level of trust that companies can build better relations with consumers, realize intelligent process automation and strengthen the global supply chain as a whole."

"At a time of increasing global volatility, this year's list showcases the resilience and optimism of businesses across the world. These companies are applying creativity to solve challenges within their industries and far beyond," said Fast Company senior editor Amy Farley, who oversaw the issue with deputy editor David Lidsky.

Fast Company's Most Innovative Companies issue is available online at http://www.fastcompany.com/most-innovative-companies/2020.

For more, visit http://www.omnichains.com.