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Swiss Post, modum collaborate on temperature-monitoring blockchain solution for shipments

Swiss national postal service is seeking to tap into the potential of blockchain technology for temperature-monitoring solution for shipments.

Under the new regulations, pharma distributors and logistics providers are required to maintain a record of all the temperatures that medicinal products are subject to while in transit. Swiss Post is collaborating with modum.io, a Zurich-based blockchain startup, to deliver a blockchain solution that will help ensure regulatory compliance for shipments containing medicinal and other temperature-sensitive products.

The two entities have been collaborating since summer 2017 and are currently running initial pilot projects. They seek to integrate modum’s temperature-logging devices within Swiss Post’s track-and-trace system in order to enable a workflow with minimal changes to Swiss Post’s existing logistics processes.

“The solution will provide players in the pharma sector with a reliable and scalable process for monitoring the state of goods and demonstrating legal compliance to auditors. The fully wireless and digital, blockchain-based data-management solution also provides new levels of data insight and data handling,” the official release said.

modum explained that of the over 200 million shipments across the EU that contain pharmaceutical products per year, 90% are considered “last mile”, occurring between distributors and dispensers in high-volume but low-value parcels. The collaboration is particularly aimed at deploying a solution to maintain compliance in these last mile shipments.

“Because of the volume of last-mile shipments and the diverse network of recipients, cost-efficient and regulatory compliant temperature monitoring is a particular challenge for pharma distributors since the new regulatory guidelines are in place. modum is proving a solution that enables EU GDP compliance with an integrated solution at the level of an individual parcel. Our collaboration with Swiss Post is the starting point for demonstrating our solution’s efficacy over conventional offerings in the market,” modum’s CEO, Simon Dössegger, said. “Their team and the Open Innovation program has been a fantastic resource for helping us to refine our technology into a reliable, scalable, easy-to-integrate solution that intelligently leverages blockchain and IoT technology.”

Once demonstrated with Swiss Post, modum said that it will replicate this model for major logistics providers across Europe.

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