We combine blockchain with IoT to create a unique tracking solution - one that verifies data and provides transparency and honesty. We do this by using sensors to verify shipment data via temperature, humidity, or any other parameter we want to measure.
Our technology has implemented methods to track sensor and shipment data - even while offline. Our modules can still record data even when disconnected.
We use opensource boards like the ESP8266 microcontroller to build our tracking systems. These devices can measure anything - temperature, humidity, air quality, pH, and more! The best part is they all interface directly with NEM.
Our technology can work with, or without internet connection. The sensor data is recorded and saved for when the device has connectivity (cellular, bluetooth, or wifi). This data is stored on a very commonly used technology - an SD card! This SD card, however, is encrypted and hardwired into the module. All of this serves one common goal: to preserve the data's chain of custody in a secure and trackable way.
Every year, $1 trillion worth of food is lost along the supply chain. Where does it go? What conditions is it subjected to? With our technology, anyone can go view the history of a food shipment and the environmental conditions it has been through.
Medicines and vaccines need to be kept in certain conditions in order for them to be effective and healthy. By tracking each delivery and logging it publicly on the blockchain, anyone can view if the medicine they have has passed the necessary inspections and requirements.
While we are far from this stage, eventually being able to track food from the plot of land to the table will help in isolating food-poisoning incidents. For example, farmers can pinpoint the location of a crop with bad bacteria and deal with it accordingly.
Let's say you're shipping a gold coin that is worth $5k, or an expensive piece of jewelry. By placing one of our trackers, you can track your package to the GPS coordinate to ensure that it will not get lost and the receiver can't commit any sort of fraud. You could also encrypt this data so it isn't accessible to everybody.
This one might seem like a niche, but this is a real problem. Probiotic supplements contain live cultures designed to feed the good bacteria in the body. The problem is, once this bacteria is subject to certain conditions, it starts to die out. This renders a supplement ineffective while you have just paid $50 for it. While they may be stored in the proper conditions at the factory or stores, the journey they take can expose them to higher temperatures.
Once meat reaches a certain temperature, it can start growing harmful bacteria such as E. Coli. By tracking the shipments temperature, we can assure that the meat is not subject to unnatural temperatures.