LOS ANGELES, CA: July 22, 2019. Blockchain-based logistics platform ShipChain is going to use GTX Corp. temperature-enabled, near-field communication (NFC) smart tags for shipment tracking.

“Until now, availability and cost of sensors was always a stumbling block. But GTX’s smart tags – integrated into ShipChain’s track and trace platform – provide low cost, powerful tool to give our customers even more information about their shipments,” claimed ShipChain CEO John Monarch. “Now, we can provide new visibility into food quality, temperature history, location, and handler information. The possibilities are endless, and we cannot wait to watch this partnership unfold and evolve.”

Patrick Bertagna, GTX Corp CEO said his company realised it needed to incorporate blockchain security in order to be an influencer in the shipment tracking and monitoring business. “By collaborating and integrating our technologies with ShipChain (screen grab pictured), we will enhance our speed to market while providing a much needed comprehensive solution for the industry,” he explained.

The NFC tags provide real-time temperature sensing and data logging across the food, drinks and pharma supply chains, said ShipChain, to prevent the distribution of contaminated supplies in the marketplace and unauthorized modification of data logs.