BriefTrace Selected By Mentfield To Deliver Blockchain-First Pharmaceutical Supply Chain Monitoring Solution

Perishable goods logistics leader Mentfield adopts real-time monitoring IoT technology with hard-coded blockchain capabilities as the pharmaceutical industry embraces the Internet of Supply Chain.

Tel Aviv, Israel (PRWEB) - 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 continue to pioneer the emerging Internet of Supply Chain as the pharmaceutical industry joins the early adopters of blockchain technology.

“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 offers phenomenal value by delivering blockchain-driven data security and immutability to power a compliant, pharmaceutical grade 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 has already delivered transformational innovation to the supply chain ecosystem - and will continue to shape the industry's future.”

About Mentfield
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.

About Brieftrace
BriefTrace is leading the Internet of Supply Chain (IoSC) revolution. Powered by proprietary Blockchain Gateway technology, BriefTrace delivers bottom-line innovation for real-time supply chain monitoring that delivers hard-coded blockchain transactions unmediated by human intervention. As a result, we enable our customers to meet new standards of data security, immutability and provenance specifically designed to address the growing challenges facing supply chain and cold chain operations.

Learn more at https://www.brieftrace.com/