modum.io | Data Integrity for IoT Devices Powered by Blockchain
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modum.io

modum.io combines IoT sensors with blockchain technology, providing data integrity for transactions involving physical products. modum.io offers a passive monitoring solution to streamline the supply chain processes in many sectors.

The modum sensors record environmental conditions that goods are subject to while in transit. When the goods change ownership, the sensor data is verified against predetermined conditions in a smart contract in the blockchain. The contract validates that the conditions meet all of the requirements set out by the sender, their clients, or a regulator and triggers various actions: notifications to sender and receiver, payment, or release of goods.

OUR PRODUCT

RELIABLE AND COST EFFICIENT SENSORS

Find out exactly what conditions your product has been through. The modum sensor devices can track the environmental conditions your shipments are subject to from start to finish.

USER FRIENDLY SMART PHONE APP

A simple design for your team and your customer. Our app allows your logistics team to connect and activate sensors quickly and efficiently and lets your customer perform immediate readouts, without even opening their package.

INSIGHTFUL ANALYTICS DASHBOARD

Gain a wealth of insights about your logistics through our easy to use dashboard. Program, track, and review your shipments. Our customer-focused system is designed for immediate comprehension.

SMART CONTRACT

Secure your logistics data with decentralized blockchain technology. Automate shipment processes for you and your customer and create secure, auditable records of shipment conditions to meet customer and regulatory interests.

PHARMA FIRST SOLUTION

Ensuring compliancy and improving efficiency in the pharma supply chain

To comply with the new EU regulation over the distribution of medicinal products, pharma companies now require special logistics services. modum’s passive monitoring solution guarantees compliance and has the potential to significantly reduce the 3 billion USD spent annually on logistics services within the industry.

modum’s pharma supply-chain solution was successfully piloted in June 2016 and is now improving operations for several clients and helping them to ensure drug safety for the end user.

Watch our video outlining this use case to see how our services and technology can benefit you.

FEATURED

November 2016 – New York, US – “modum.io’s tempurature-tracking blockchain solution wins accolades at Kickstart Accelerator 2016…”

February 2017 – Geneva, CH – “… Swiss start-up modum.io, for example, uses blockchain as a way of assuring recipients that pharmaceuticals have remained within an acceptable temperature range while in transit…”

November 2016 – Luzern, CH –  “After modum.io had already received CHF 20,000 in support from Kickstart Accelerator for development, the start-up founded by Marc Degen and Malik El Bay has now won the main prize in the Future & Emerging Technologies vertical…”

November 2016 – Nashville, US –  “Since the launch of modum.io in April and the unveiling of its first pilot project in June, the team has received positive feedback from their pilot customers based in Switzerland.”

November 2016 – Brazil – “Depois de já ter recebido um apoio de CHF 20.000 da Kickstart Accelerator, a start-up modum.io, fundada por Marc Degen e Malik El Bay…”

August 2017 – USA – “Specifically, modum’s system of proprietary sensor devices, software, and blockchain-based reporting focus on the question of data integrity and the challenges of monitoring conditions during transit, allowing manufacturers and shippers in the pharmaceutical industry to document adherence to a precise range of environmental conditions throughout a product’s delivery cycle.”

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DATAPOINTS

844

SHIPMENTS

43

REGISTERED COMPANIES

PARTNERS

modum.io is built with support from the Communications Systems Group (CSG) at the University of Zurich. The CSG’s mission is to establish research excellence in communications, addressing mechanisms for charging, accounting, mobility, security.

Variosystems is an international electronics service company, they support modum.io with hardware development and production, building our sensor devices to the highest Swiss standards for quality.

Schaer Pharma supports modum.io in the field with pilot program testing and supply-chain knowledge. Family owned, Schaer Pharma is a specialist of high-quality products in both Swiss and international healthcare markets.

Lykke is building a global marketplace for the free exchange of financial assets. By leveraging the power of distributed ledger technology their platform eliminates market inefficiencies, promotes equal access, and supports the trade of valued objects.

Validity Labs is supporting modum.io by auditing our smart contracts for the MOD Token sale. They are based in Switzerland and help companies of all sizes get the most out of utilizing blockchain applications.

Modum.io works with the Chair of Logistics Management at The University of St Gallen. The Chair provides an international platform for dialogue between science and practice in the areas of supply chain management, purchasing, and transportation. They advise and support the modum team with leading research and thinking on the supply chain sector.

AWARDS

modum.io has successfully completed Stage I and Stage II of Venture Kick’s program. In addition to prizes totaling 30,000 CHF, Venture Kick will continue to actively support modum.io.

modum.io won first prize in the “Future Emerging Technologies (FET)” vertical at the 2016 Kickstart Accelerator, receiving a grant of 25,000 CHF. modum.io won over 850 applications in the four verticals: FinTech, Food, Smart & Connected Machines, and Future Emerging Technologies.

modum.io succeeded to the final round at the 2016 ETH Entrepreneur Club Award. After presenting to the highly qualified jury modum.io ranked second place in the competition overall.

modum.io has ranked in Switzerland’s premier startup competition: The Venture.ch “Top 25 Business Ideas”. The competition is backed by a number of Swiss institutions and corporations including: ETH Zurich, Swisscom, UBS, and Swiss RE.

modum.io was selected as one of four finalists in the Transport, Logistics, and Surveillance category for the 2017 “IoT Innovators of the Year”. The “Innovation World Cup” jury reviewed over 400 applications from 70 countries.

modum.io was one of six nominees for the Logistics TIP prize. The prize was awarded at the 2017 Swiss Logistics Fair, held in Zurich on April 25.