Alike traditional contracts, digital contracts are valid and enforceable.
You will also get a whitelabled mobile app personalized according to your needs.
The solution monitors your cargo throughout its journey in real-time.
With every new deployment, we customize the existing dashboard according to user needs.
Smart contract solution is a modern way to secure the title of goods. The solution is powered by IoT and blockchain technology, which eliminates manipulation/alteration of contract. The sensors, mounted in goods containers, act as smart agents and monitor the real-time temperature, RH, location, and many other criteria in compliance with the smart contract. All the concerned parties are immediately notified in case of contract breach.
From raw material to finished goods, the supply chain involves the movement of goods throughout their lifecycle. Smart contracts document the title of goods as they travel through the supply chain, which confirms the responsibility for the goods at any given time. The IoT (Internet of Things) made smart contracts a reality by monitoring products from producers - warehouses - manufacturers - suppliers. It allows the verification of the goods/products at each stage of the distribution process until it reaches the end-user.
When it comes to cross-border goods and services exchange, companies face substantial hurdles. The international trade involves at least three banks including the receiver's bank, sender's bank, and the correspondent bank and if something goes wrong at any one of them, the payment is delayed or bounced back. With a blockchain-based smart contract, payments are automatically released after the secure and transparent confirmation of the contract execution.
Intellia IoT smart contract solution is a revolutionary step towards mitigating the flaws of traditional trade methods. The End-to-End IoT connectivity coupled with blockchain technology track the real-time status of the cargo and compile it with the conditions mentioned in the smart contract. The solution ensures fair execution of smart trade contracts such as electronic Bill of Lading.
Shipping contracts are bearer document of title, and because possession equals to ownership, the one who possesses the contract has prima facie ownership to the goods. The physicality of the contracts causes delay in distribution of them. The traditional shipping contracts can easily be manipulated to hide accountability due to cargo damage or other issues.
The feature turns the containers into a digitally connected device capable of communicating its power status, location, humidity and temperature, and air supply.
No matter where your containers are, you can prevent your cargo from getting spoiled by tracking the real-time temperature & humidity inside your containers.
Be it sea routes, ports, or land; Intellia IoT solution can track your cargo in route. Depending on the available connectivity options, we choose the perfect connectivity option which ensures seamless connectivity between devices and users.
Intellia IoT solution offers a centralized dashboard where all the information is visualized to the users. Users can create new Smart Contract on the web/mobile app itself and the carrier is allowed to add annotations if any flaw occurs during transportation.
There will be different logins for different users and the information provided will also be distinctive. The admin can choose which information goes to which user.
Stay goodbye to the paper documentation and courier charges. With smart contracts, powered by Intellia IoT, you can create contracts such as electronic bill of lading (BoL) within the web/mobile app only.
Whenever there is a breach of contract such as unacceptable temperature/humidity inside the containers, all the concerned parties are notified of the breach immediately.
All the concerned parties can be immediately notified of the contract breach. The seller can ask the carrier to look into the reason of contract breach, which can be cargo spoilage, delivery delays, etc.
With the geofence feature, the buyer can be notified of the cargo arrival at the delivery address or port. The admin will be able to geofence areas on the map at the time of contract creation.
The users will be able to get the real-time geolocation of the cargo. As stated before, access to all the information related to a contract will be permitted by the admin.
|Intellia WWWS01- Wireless Weight Sensor
|Long Battery Life
|Intellia GPS Tracker
|GSM (MHz) 900/1800 or 850/1900
|Size & Width
|Dimension ( L X W X H ) MM : 81 X 42 X 13.5
|Storage Temprature: -30°C ~ 70°C Operating
|It alerts you every time the concerned person enters/exits the designated area.
|Set your own speed limits and get alerts whenever it reaches maximum.