Smart Container makes use of blockchain technology. It combines passive temperature controlled containers with IoT sensors with blockchain. This will provide an immutable record of cargo temperature during transit. Founded by the Swiss high tech container, Smart Container Group seeks to provide autonomous container operating on the blockchain technology.
Tracking Multiple Items
Every day, thousands of containers are rented to various companies which make tracking a big deal. To solve the issue of tracking, the ERP system was established. Blockchain technology in the logistics industry is reducing the cost of shipping containers around the world. With blockchain, the hundreds of people involved in tracking and shipping a container can communicate easily.
Reduction in Human Error as Well as Transparency
With blockchain, Smart Containers is more able to manage data effectively. The blockchain allows private and public information of the logistic to be managed effectively. For instance, value of the goods will be kept private while the shipping route is public information.
Human error can arise from different angles. The problem of communication barrier is one of the ways information can be lost. With the integration of blockchain technology, this will be reduced drastically.
Using the ICO, Smart Container plans to launch a new product. Key ideas and insights are constantly coming in from investors. Countries with hot climate that cannot afford cool trucks will also get their expenses reduced.
Smart Containers targets products that are very sensitive to temperature. Hence, food and pharmaceuticals are the main focus. They however plan to extend their horizon in the future to include transplant organ logistics. With this, the group will be able to transport living lungs and fresh skin, kept at room temperature for medical uses.
Smart Container Success
The group boasts of being the safest means of transit for pharmaceuticals today. The previous year had just a 0.1% deviation from temperature meaning no loss at all.
The food side is considering getting food directly to consumers. This will however be characterized by a very cheap price to enable consumers rent containers.
Challenges of the Blockchain
One of the main challenges for smart containers is managing the road. Asides, planning ahead as well as acquiring resources way ahead of time could also pose a challenge. Also, soft skill problem like choosing the right set of people, moving with change as well as leading people are the part of the challenges.
Smart Container Group is a holding company for two units: the SkyCell and FoodGuardians
SkyCell has used the latest technology to create containers using the IoT sensors. This will help connect their data cloud with the aid of the blockchain technology. This will allow them monitor various containers to ensure that the desired temperature is not deviated from throughout the transit. SkyCell is responsible for moving very expensive goods in the pharmaceuticals that are sensitive to temperatures. This tracking is important as it allows companies abide by legislation from the EU concerning the delivery of medical products.
The FoodGuardian units is pretty similar – containers and boxes that can be used again to move sensitive food product across the world. One of their strong points is the parented cooling technology. They aim to secure the safety of food via track and trace on the blockchain. They make use of reusable storage, making them cost effective with a reduced carbon footprint. To find out more about Smart Containers, visit these links; website, whitepaper, telegram, twitter, facebook bitcointalk ANN, bitcointalk bounty
Author - Coltpython
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