With the blockchain-enabled IOT device, scientists from the innovation ecosystem of the Graduate School of Logistics presented a pioneering prototype for monitoring temperature-sensitive goods such as food, medicines or vaccines along global supply chains. It is the first device development of the European Blockchain Institute and prototype of a series of blockchain-based developments made in NRW. We took a look at the technology and potential and compiled the 10 facts for you.
1. completely new development
The blockchain-enabled device is a completely new development, starting with the computer hardware, the temperature sensor software and the blockchain client. Such an unprecedented development represents the first step toward a Silicon Economy.
2.starting shot for a series.
The Device is a prototype and only the starting point. A further development of the first prototype into a series of Blockchain Devices is to take place. In this process, the European Blockchain Institute in NRW would like to work together with all players in the blockchain field.
3. real-time data acquisition and real-time control.
This Blockchain-enabled IoT device will make real-time data collection and autonomous real-time control of supply chains a reality. By securely integrating physical and monetary processes into a blockchain-based ecosystem, horizontal and vertical connectivity are ensured. In addition, the device is “IDS ready”, i.e. prepared for implementation in the International Data Space.
4. Seamless transparency.
Position and sensor data document the seamless monitoring of the transport chain, including conditions to be complied with. Whether by ship or by truck, the IOT device has 5G-compatible communication and reports statuses about its position and the temperature in the transport box.
5. Smart Contracts
In the future, devices will actively negotiate, initiate transactions, and post payments via smart contract. This will make every action uniquely identifiable and traceable via the blockchain network. Soon, not only data, but real values will be negotiated and booked in a legally and process-safe manner. The transformation from the Internet of Things to the Internet of Values is taking place.
6. High-tech and yet energy-saving.
A high-resolution ePaper display (1440 x 1072 pixels), a powerful dual A7 core and a number of sensors (temperature, acceleration, position) are installed. The battery life is more than 14 days in continuous operation and more than two years in low-power operation.
7. Up to date and useful
The prototype for monitoring temperature-sensitive goods such as food, drugs or vaccines along global supply chains, can be usefully applied right now – in times of pandemic. For example, sensor data could check the temperature of vaccines during transport and, together with unique identification, ensure quality. Automated contracts will then speed up further processing of the goods to the end customer.
As in all projects of the European Blockchain Institute, OpenSource was used. This is the only way to enable open collaboration with all Blockchain stakeholders across Europe. Therefore, the blockchain framework Tendermint is the basis of the latest development.
9. compatible standard
Only 9 mm high, the Device can be inserted into a standard container like a plug-in card. It does not need extensive installation process and can deliver data and security quickly and easily.
10. open for application and development
The Device is to be equipped with further sensor technology and thus becomes a prototype for further fields of application. Together, concrete application examples and best practices can now be created with practical experience.
Anyone who is interested in the new Device and would like to create a use case together with colleagues from the European Blockchain Institute can contact the Blockchain Europe community manager.
Britta Scherer | firstname.lastname@example.org | Tel. +49 (0)231 9743 413