Nexiot, a developer of smart sensors for non-powered assets in the supply chain, has launched an integration with a blockchain type Distributed Ledger as part of its Digital Logistics Platform.
The company’s self-sustaining sensors send messages every five minutes from assets such as rail wagons, shipping containers, and boxes, including updates on location, impact events, border crossing, and mileage.
Enhanced with blockchain technology, the data, securely held in the new Digital Ledger, includes a date and time stamp, making the information legally binding and adding a valuable layer of accountability to the journey of an asset and its goods.
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