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modum

MOD Token

modum.io sensor devices record environmental conditions while physical products are in transit. When a change in ownership occurs, the collected data is checked against a specific smart contract in the blockchain. This contract validates that the transaction meets all of the standards set out by the sender, their clients, or the regulator and triggers various actions: notifications to sender and receiver, release of goods, payment, etc.

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~$1,050,000
value of tokens sold in ICO
Trading
0.68 USD
From Binance on 2018-09-20 19:00:08 UTC
Token
Country
ICO start
1st Sep 2017
ICO end
22nd Oct 2017
More on ICO
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About modum

“Blockchain for supply chains” has become a prominent, and very promising application scenario for blockchains, enabling transparency between untrusted partners and traceability throughout production processes. The advantage of using blockchain technology in the supply chain is that it provides an open, immutable, global, online ledger for transactions, which includes a verification mechanism.

Recently, various start-ups (Chronicled, Everledger, Skuchain, Blockverify, ubirch, Provenance etc.) and large corporate players (IBM, Microsoft, Walmart, Maersk, BHP Billiton, etc.) have begun to run proof-of-concept studies, committing significant R&D resources to building new platforms and fostering international collaborations.

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