ShipChain and GTX Unveil Huge Blockchain Solution

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Blockchain logistics specialists ShipChain and GTX, a global tech leader that offers a suite of GPS and NFC tracking location-based services, have unveiled plans for a new global NFC blockchain shipment tracking solution.

According to a statement, ShipChain will use GTX’s temperature enabled NFC smart tags to track temperature-sensitive shipments.

The tag will require no scanners or wires and will record temperatures based on customer defined intervals and durations. In addition, GTX offers other NFC products that ShipChain will utilize to optimize its Track and Trace Platform.

John Monarch, ShipChain CEO, hailed the new partnership and its potential to bring greater efficiency and transparency to the supply chain.

“ShipChain’s new partnership with GTX is another step toward reaching our goal: a transparent, unified, end-to-end logistics platform,” Monarch said.

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“Until now, availability and cost of sensors was always a stumbling block. But GTX’s smart tags – integrated into ShipChain’s track and trace platform – provide low cost, powerful tool to give our customers even more information about their shipments. 

“Now, we can provide new visibility into food quality, temperature history, location, and handler information.

“The possibilities are endless, and we cannot wait to watch this partnership unfold and evolve.”

Patrick Bertagna, GTX CEO, echoed those sentiments.

“We are all about relationships that help enhance value propositions and ShipChain checks all the boxes.

“While developing our cutting edge NFC products and talking to customers, we realized we needed to incorporate blockchain security in order to be an influencer in the shipment tracking and monitoring business.

“By collaborating and integrating our technologies with ShipChain, we will enhance our speed to market while providing a much needed comprehensive solution for the industry.” 

The NFC tags will provide real-time temperature sensing and data logging across the supply chain, which will be particularly valuable to stakeholders transporting perishable goods, such as food, drink, pharmaceuticals.

These built-in security measures will, according to the statement, help prevent the distribution of contaminated supplies in the marketplace and unauthorized modification of data logs, which allow brands, retailers, distributors and freight forwarders to verify shipment quality.

The encrypted data collected from the tags will securely upload to the ShipChain blockchain backend providing completely secure and seamless authentication and chain of custody.

This new “Tap & Track” service will enable temperature-sensitive shipments to be efficiently monitored while in transit, with the potential to manage a range of new government regulatory requirements for perishable shipments.

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