Mentfield Selects BriefTrace to Deliver Blockchain first Pharmaceutical Supply Chain Monitoring Solution
BriefTrace, provider of blockchain-first IoT infrastructure, announced today the company’s blockchain gateway technology has been integrated into Mentfield’s pharmaceutical supply chain solution. Together, the two companies will shape the emerging Internet of Supply Chain as the early pioneers of blockchain technology in the pharmaceutical industry.
“Brieftrace is the ideal technology partner to support Mentfield’s digital supply chain transformation initiative”
Said Nitsan Hadar, Head Of Global Pharma & Time Critical Division Manager at Mentfield.
“While our initial motivation was driven by the need for real-time monitoring innovation such as indoor location, ERP integration and Data Analytics services – BriefTrace has delivered phenomenal value by delivering blockchain powered data security and immutability to power a pharmaceutical grade compliant solution”.
“Mentfield was quick to understand the need for a new approach to real-time supply chain monitoring”, said Eyal Kamir, CEO of BriefTrace. “The pharmaceutical industry is only just beginning to acknowledge that the adoption of blockchain technology will be transformational for the supply chain and bring the much needed innovation”
Mentfield Logistics Group is one of the world’s leading logistics and freight forwarding organisations. A global, round the clock operation, Mentfield spans 22 international offices with an affiliate network in over 100 countries. Driven by technology innovation and excellence, the company invests heavily in modular, customisable software enabling clients to view live shipments and track progress in real time. Mentfiled covers the entire spectrum of freight forwarding, including air, sea and road freight, customs clearance, warehouse & distribution, fulfillment and 3P Logistics.