logo

ShipChain launches temperature sensitive blockchain tracking system

Gallery Escape

ShipChain, an American blockchain-driven logistics corporation, is uniting with GTX Corp, a software firm in the tracking sector, to launch a temperature sensitive blockchain tracking system.

Reports indicate that ShipChain will make use of temperature driven tracking technology built by GTX to power the initiative. The tags installed in the shipments through this project would have no scanners or wires. Temperatures would be registered based on the time specifications of customers, on intervals designated by them.

Along with this, GTX would equip the tracking initiative with other hardware that will help elevate the tracking process and relieve hassle.

The Chief Executive Officer (CEO) of ShipChain, John Monarch, views the new collaboration as a gateway towards a more cohesive and transparent logistics network. This, in his mind, was the end goal envisioned with this whole project.

He commented on the initiative, pointing out how the availability and price of sensors had always been a problem in his mind. GTX’s smart tags, on the other hand, help enhance ease of working given that they would be integrated into the whole platform. The tags are of much lower cost, with powerful efficiency, enabling customers to keep track with their shipments.

He also envisions this as a doorway to much more creative initiatives with endless possibilities.

The collaborated effort has already been struck between the two giants. A joint customer will be brought to light once the intricacies of the agreement are drawn up. In another consequence of the partnership, ShipChain will enable its users to access GTX’s facilities and services.

Siranjeev Santhanam

Siranjeev Santhanam

Siranjeev has been involved in content development and professional writing for over five years now. He's worked with tech firms, digital management companies and news outlets. Cryptocurrency has occupied one of his top interests for a few years now, and he's really passionate about this booming new sector.

Related News

Hot Stories

Chinese central bank former exec explains why China is wary of crypto
Justin Sun wants TRON (TRX) to be a global legal tender
ICP Price Prediction 2023-2032: Is Internet Computer Resurgence Possible?
What are Stablecoins? Types of Stablecoins and how to Stake them
Binance burns 16m worth of BNB tokens; transitions from the ERC20 version of BNB to BEP2

Follow Us

Industry News

Chinese central bank former exec explains why China is wary of crypto
Binance burns 16m worth of BNB tokens; transitions from the ERC20 version of BNB to BEP2
SBF speaks on witness tampering allegations
South Korea unveils plans to monitor cryptocurrency in 2023
Yuga Labs co-founder steps down

Add Your Heading Text Here