Digital currencies are reaching out to more aspects of our life each day that goes by. Entrepreneurs all over the world are always thinking about new ways to come up with brand new ideas to create new business ventures or to improve existing business models. One of the cornerstones businesses in the world is logistics management. Explained in layman terms, logistics is what it’s used by almost every single company, big or small, to handle a supply chain on raw materials that require specific conditions to be handled and stored. Business focused on food transportation or management of medical supplies rank millions of dollars in earnings, but they rely heavily on the evolution of management technologies to keep the increasing demand of customers for fresh products.
The Big Plan
Smart Containers is coming to merge the world of cryptocurrencies with the working structure of a logistics company by using IOT tech (Internet of Things) and Blockchain technology. The startup may sound new, but the company behind the new initiative is far from inexperienced: The Smart Containers Group AG is a well-established company based on Switzerland funded by Nico Ros and Richard Ettl. The team is well aware of the millions of dollar in losses that can generate to a company when a shipment of sensitive material is not transported with ideal conditions. Their main goal is to make sure that no delivery of goods is ever mishandled by using Blockchain Technology.
The Origin of the Initiative
Smart Containers is the holding front of two companies that have proven themselves in the management of temperature-regulated shipments. SkyCell is the first one. They had already a framework based on IOT sensors to handle their data and Blockchain technology to keep track of the conditions of each shipment as well as their timetable. Their experience, however, is mostly based on pharmaceutical products, which is why they joined forces with Food Guardians. The company works under a different structure than their partners, but they have developed their own technology to secure fresh transportations of edible goods. They have about a hundred patents to their name to back up their strength in this partnership.
SkyCell and FoodGuardian’s Offering
This titanic team-up is developing a series of products to safeguard products that need special conditions to be travel from one point to another. The first one if the Autonomous Container 4.0, a cold-storage container that can manage goods under extreme heat conditions by keeping them at levels that could very well reach below 0° for 72 hours. This device is capable of handling its own temperature to adjust itself to outside conditions, and it can be recharged using a cool-providing device such as a fridge. Blockchain Technology is set in place to keep track of the container and any changes in temperature. It comes in a wide variety of sizes, and it can be re-used as many times as it needed.
With a list of willing investors ready to make the best out of this technology in the pharma industry and the food business, the people at SkyCell and FoodGuardians are ready to earn a share of a market that is blooming with earnings close to $1.5 billion a year. To learn more about the business plans of Smart Containers, you can go to https://smartcontainers.ch/.
Thank you for your time and feedback,
Jack Andrew
Great presentation of the evolution of management. I believe in this era of technology, everything should start with "smart". So thanks for sharing this project to us, looks pretty solid.
Thank you, @rahela. I appreciate your time and support here!
@originalworks
Hi, great post, worth a follow.
Thanks for reading it!
This is lovely initiative. A white paper will explain better. When do we expect to get awhile paper on this?
Steem On
BOS Team
You can read the WP here: https://smartcontainers.ch/assets/20180208_smartcontainers_whitepaper_v1.pdf
This is certainly an interesting use-case for blockchain. Thank you for posting, looking forward to following the project.
I appreciate your feedback on this. Feel free to visit the website for even more features:
https://smartcontainers.ch/
i appreciate you..your writing is always good.
Thank you! I am glad you like the content here!
I strongly believe in this era of technology,
When do we expect to get this paper?
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I'm always motivated every time I see your post.
You always give good news. And I always vote on your posts. Thank you brothers
Thank you, @tts!