BlockChain and IoT are the match made in heaven when it comes to use power of blockChain to secure IoT implementation, improve supply chain and provide end to end consistency and reliability.
Our client approached us to track the environmental conditions for a food safety supply chain, refrigerated medical supplies, garden plant shipments or any perishable shipment that are sensitive to humidity, temperature, time and/or vibration.
As we know, indelible blockchain transactions guarantee that all parties can trust the data and take required action to move the product efficiently and quickly. IoT data stored in the shared blockchain ledgers enables all parties to see component provenance throughout the vehicle's life. From aircraft to elevators, the blockchain technology provides for a tamper-free digital ledger of operational data as well as the resulting maintenance. A business can also share operational records with government entities to verify the adherence and compliance.
There is an involvement of multiple participants in the safe shipment and payment of the cargo. These participants include, but not restricted to, manufacturers, farm owners, processing plants, ships, ports, trucks, distribution centers, consumer retail outlets, and others.
The greatest challenge for us was to record transactions carried out by these parties on a common shared portal that offers transparency. The best solution that we implemented was – a Hyperledger Blockchain to record immutable transactions as the cargo shipment progresses through its delivery journey.
Environment sensor data and location sent to cloud in real time.
Created a Perishable Business Network using Hyperledger Fabric, Hyperledger Composer, Hyperledger Composer REST APIs running in the IBM Cloud Container Service managed by a Kubernetes cluster in the IBM Cloud.
A full-fledged dashboard that plots the geo location path, the environmental sensor data and can control triggers and alerts to visualize where, what and when of entire system.
System is now more reliable anti-counterfeiting via RFID identification
Client is able to get the accurate details of product tracking and verification
Trust between parties and devices is improved to a great extent
Risk of tampering and conspiracy is reduced drastically
Great reductions in overall costs as intermediaries are removed
At SoluLab, we have helped solo-entrepreneurs, startups and small-mid size organisations to launch their business ideas with great success and less risk. We combine expertise and experience that results in client's satisfaction. Get in touch with us to figure out how soon you can convert your ideas into realities.
BOOK A FREE CONSULTATION“They are not just another IoT company. We got amazed to see how they transformed our business by sending IoT data to an incorruptible digital ledger for accountability and security”
