modum.io: USPs of the modum systemFrom the whitepaper:
https://modum.io/wp-content/uploads/2017/08/modum-whitepaper-v.-1.0.pdf modum.io has developed a system leading to the following features and USPs:
Before shipment occurs, the temperature logger ID, shipment ID, and alarm criteria are fixed within a shipment-specific smart contract.
Upon receipt, this smart contract will allow receivers to check that regulations have been met.
The evaluation criteria (in this case temperature ranges), cannot be changed retroactively.
During the shipment, the temperature is monitored, whereby the data is stored in the internal flash memory of the logger.
Using BLE (Bluetooth Low Energy) the shipment does not need to be opened in order to perform the checks.
At each change of ownership, data authenticity is certified by the smart contract.
The results of the evaluation are immutably stored in a blockchain as a proof-of-existence. Depending on the outcome, the receiver and sender are notified immediately, allowing them to release the product or arrange further corrective and preventative actions.
Customers do not need to install additional hardware to use the system, downloading a mobile application is sufficient.
For the customer, the modum system provides:
1. A passive solution that includes a monitoring service with no special packaging required, without the need for expensive, active-temperature controlled logistic services.
2. The proof required by GDP regulations that medical products have not been compromised on shipment level.