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In Europe, an estimated 90% of pharmaceutical
shipments are last-mile deliveries occurring
between distributors and doctors, hospitals,
or pharmacies.
For these high-volume, low-value shipments,
conventional methods for temperature monitoring
and active cooling are expensive. However,
European Commision regulations require proof
of temperature conditions.
Modum.io offers an alternative monitoring
system. Its hardware sensors track temperature
conditions of a product while in transit. Modum.io
uses blockchain to identify the originating sensor
and ensure the data has not been tampered with.
Modum.io has completed three pilot projects.
Its first-generation sensors are now in mass
production, being deployed as part of new
pilots primarily with European-based companies.
Founded in
2016
MODUM.IO
Program
Stage
Supply Chain
Management
For-Profit
HE
CASE STUDY

Published in: Business

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