Vodafone and Sensos Collaborate to Fight Provide Chain Fraud

In 2023, Vodafone and Sumitomo Company shaped an 80/20 three way partnership to supply computerized IoT transactions the use of blockchain generation, referred to as ‘Economic system of Issues’.   

Vodafone supplied its blockchain-based Virtual Asset Dealer (DAB) IoT buying and selling platform, whilst Sumitomo invested capital. Pairpoint, subsidized through a €60 million funding, now employs 50 other folks in the United Kingdom and Portugal.   

A Few Phrases about Sensos   

Sensos, established in 2023 as a spin-off from Sony Semiconductor Israel, makes a speciality of clever label generation. It used to be first attempted out at German prescription drugs company Bayer with Kigen, Murata, and Vodafone.   

Sensos’ iSIM-based smart-label resolution received traction and secured partnerships with DB Schenker. Sensos raised $20 million in a Sequence A investment spherical in February, with beef up from Sumitomo Company.   

Since its founding in 2020, Sensos has complex its clever label resolution right into a proactive provide chain control instrument.   

It options an AI-powered keep watch over tower that collects and analyzes information, issuing indicators for any anomalies in provide chain operations. Sensos specializes in cold-chain logistics, mission-critical shipments, and high-value items, with beef up from Vodafone.   

The collaboration between Pairpoint and Sensos is a significant step ahead in provide chain safety.   

By way of combining Sensos’ cell monitoring labels and AI-powered keep watch over tower with Pairpoint’s virtual id and transactional platform, the joint resolution guarantees safe and immutable recording of products actions.   

The usage of blockchain generation and clever contracts, the answer permits computerized bills for logistics transactions, making improvements to transparency and resistance to tampering.   

Unilog, a subsidiary of ICL Crew, is recently trying out the joint resolution at a couple of websites in the USA and Europe.   

Osi Tagger, CEO of Unilog, stresses the significance of generation in improving provide chain control, praising the seamless integration of products and services through the Pairpoint-Sensos alliance.   

Jorge Bento, CEO of Pairpoint, and Aviv Castro, CEO of Sensos, are occupied with the collaboration’s doable to revolutionize provide chains, improving safety, agility, and cost-efficiency.   

In abstract, the collaboration between Pairpoint and Sensos marks an important milestone in growing resilient and faithful provide chain ecosystems.  

By way of merging blockchain generation with IoT innovation, the partnership objectives to change into provide chain control, empowering companies with extraordinary safety and operational performance. 

Leave a Comment

Your email address will not be published. Required fields are marked *