Chronicled, Inc. and Oceasoft Announces Strategic Partnership to Deliver Blockchain-Integrated Bluetooth Temperature Monitoring Solution in Life Science Industry
June 18, 2018 at 09:00 am EDT
Chronicled, Inc. and OCEASOFT announced a strategic partnership to cross-sell and integrate each other's platforms and solutions. When blockchain and cold chain come together, added value can be achieved with respect to conventional systems, including: Secure Data Logs for Audit - a decentralized blockchain offers improved security and resiliency properties for record-keeping over a central back-end database. Workflow Integration " workflows for track-and-trace and temperature logging operations can be synchronized, thus reducing duplicate record-keeping and systems. Automated Financial Transaction " when a temperature excursion occurs, a smart contract can generate an automated payment to redress impacted parties.