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Blockchain-Based 'Smart' Warehouse To Improve The Distribution Of Pharmaceuticals

Roland James

Summary: MVC Global, the tech firm, and logistics firm Cox Logistics Group is set to release a SmartHub warehouse, which is designed to improve the distribution of pharmaceuticals across the Gulf region. According to a report from Gulf Today on Monday, the platform will provide built-in Track & Trace and IoT sensors and a smart contracts-based ...

MVC Global, the tech firm, and logistics firm Cox Logistics Group is set to release a SmartHub warehouse, which is designed to improve the distribution of pharmaceuticals across the Gulf region.

According to a report from Gulf Today on Monday, the platform will provide built-in Track & Trace and IoT sensors and a smart contracts-based SmartPass feature geared to ensure compliance with customs clearances, as well as allow users to deploy the platform for supply chain finance and international payments settlements.

By Roland James

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