Provide data integrity for transactions of physical products
Smart contract blockchain
Modum.io combines IoT sensors with blockchain technology to provide data integrity for transactions of physical products, streamlining supply chain processes in many sectors. The modum sensors record environmental conditions during shipments. When goods change ownership, the collected data is checked against the specific smart contract in the Ethereum blockchain. The contract validates that the transaction meets all of the standards set out by the customer, their clients or the regulator and triggers various actions: notifications to sender and receiver, payment, or release of goods
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