Advancements in IoT technology are bringing the smart functionality revolution in every industry. On the other hand, sits blockchain technology, which, among a host of benefits, is making it easier and secure to transact and transfer data. Many projects are exploring means to utilize a compound benefit of these technologies as the two cam go hand-in-hand in developing powerful business solutions.

An existing supply chain company, Smart Containers, has developed the hardware necessary to bring about the most advanced supply chain solutions ever. Now, it intends to leverage blockchain technology to bring seamlessness, lowered costs, security, and an impeccable degree of traceability to one of the largest industries in the world.

The Benefits

The company asserts that its containers are using cutting-edge technology to store power for up to 160 hours, and have only a 0.1% temperature deviation. The containers even have the ability to recharge in cold storage and built-in mechanisms ensure it can sustain unexpected heavy turbulence.

Smart Containers is currently utilizing IoT sensors to monitor its containers at any time. Thus, the containers are not only constructed and designed to outstand any existing competitor, but are also the most technologically advanced ones. Smart Containers has correctly pin-pointed blockchain technology as the next major solution in the supply chain industry and has taken a proactive approach to utilizing it before directly into its existing products.

• Given the heavy amounts of data that the smart containers generate and the sensitivity of supply chain information, blockchain technology will provide the prime means if security.
• Smart Containers intends to place important supply chain information on the blockchain with proper permissions settled to allow a seamless ecosystem for everyone involved in a particular shipment.
• The blockchain will ensure that there's a credible information symmetry among all parties involved in a shipment.
• The supply chain industry involves a heavy reliance on cross-border transactions. This can lead to financial frictions which can be avoided with the usage of cryptocurrency payments.

Wrap-Up: Smart Containers is an existing provider of supply chain solutions which develops the most advanced containers, in respect to both hardware design and software functionality. It is now taking a proactive approach to stay ahead of its competitors by enhancing its product offering through the use of blockchain technology.

Essential Smart Containers Links

🌐 Website: https://smartcontainers.ch/
💡 Whitepaper: https://smartcontainers.ch/assets/20180502_smartcontainers_whitepaper_v2.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3058528.0
💻 Telegram: https://t.me/smartcontainers
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