Morpheus.Network a SaaS middleware platform for seamlessly integrating legacy and emerging technologies, and Hanhaa, an IoT innovator with a successful parcel tracking product, have partnered to provide a trusted digital footprint for global supply chain managers. Combining blockchain and IoT provides supply chain managers with automated workflows that increase visibility and accountability. Digitizing Global Supply Chains improves operational and financial metrics across the board.
There are three main challenges facing the Global Supply Chain which Morpheus.Network and Hanhaa are solving digitally.
The first is to empower all stakeholders using digital supply chain platforms. This allows for digital documentation and communications – replacing the current largely paper based or email systems. Digital documents are less prone to loss, errors and destruction. A digital platform also ensures accurate compliance with custom, regulatory and governmental restrictions.
Secondly, the combined solution offers true transparency using IoT devices. Working with Hanhaa we can automate the collection of all the data points such as temperature, humidity and shock as well as tampering, theft, irregular movement and make them actionable as a workflow using our middleware platform.
“Our experience in the parcel tracking world using IoT devices uniquely places us at the heart of tracking by adding real time product monitoring” says Azhar Hussain, CEO, Hanhaa. “By partnering with Morpheus.Network and its blockchain platform we can provide a solution that is not only transparent but which is trusted and actionable as part of a workflow – which is fundamental when it comes to agri food, cold chain pharma, perishable and high value goods.”
Finally, all the data collected is stored on the blockchain which cannot be altered.
“As simple to use as a Amazon tracking number, we make a trusted digital footprint available for global supply chain managers. This immutable record of truth is the KEY differentiator of the Morpheus.Network and Hanhaa partnership.” added McDermott.
The video below demonstrates blockchain and IoT working together to successfully monitor and organise an agri food supplier from the Netherlands sending fruit and vegetable products to a UK supermarket in London: