The Client
The client is a Vietnamese shipping company that is established in 2002. The client provides cargo services, including dry cargo, reefer cargo, container rental, etc.Business Need
- In the old days, a huge percentage of cold chain products transported without any monitoring methods.
- The cost for lost or wasted food each year in supply chain is extremely high, worth $750 billion.
The Solution
- IoT device collecting environmental data and save data directly to a secure Blockchain storage.
- Data are replicated and distributed in Blockchain P2P network in all parties’ servers.
The Benefits
- Monitoring data that can be 100% trusted which means higher responsibility for carriers and less waste.
- Lower risks and less waste come with less insurance fee and better finance.
- Can be used for Cold chain logistics and Cold Storage.