In the United States, the prescription drugs are not sold packaged in the original package of the producing pharmaceutical company, but are packaged in bottles labeled by the distributing pharmacy.
Boost of e-commerce drives the corresponding growth of the postal and carrier services. Innovative models emerge that improve trust and transparency of chain of custody and upgrade currently prevailing ‘track and trace’ capabilities.
Many bio and agricultural producers struggle to effectively prevent counterfeit of their prized culinary goods. Customer trust suffers from series of scandals undermining the reputation of the countries of origin. Producers, who make significant investment in high quality, find their efforts compromised.
Despite the inefficiencies and dangers involved, trade still largely relies on manual processing of paper documents. Resistance to move to digital carriers and databases transpires mainly from deep-rooted cultural preferences of physical documents, certificates and stamps.
Net metering regulation, such as on introduced in Brazil (No. 482/2012) unlocks a vast potential for decentralized small-scale photovoltaic (PV) electricity generating plants. Business and individuals can buy/rent solar panels, and attach meters to them that calculate production and consumption of electricity per customer.
Robust data custodianship is a typical issue in emerging digital societies. While there is no doubt that hyper secure M2M data transfer between machines is a precondition, sadly, the same thing can't be said for M2C, C2M or C2C data exchanges.
According to the European Digitalization agenda, every EU Member State should provide the citizens with the unique digital identity until 2020. To support this initiative, countries and institutions require robust infrastructure to safely store and manage these identities.
Bank and institutions are moving into the crypto-currency space, providing blockchain asset management services to their clients. This service requires the application of technologies and cold storage procedures that ensure agility and safekeeping of crypto currencies during daily operations.
International cargo shipments currently suffer from the operational inefficiencies from burdensome document processing at all stages of the supply chain, as well as unreliable monitoring of cargo conditions via sensors.
The mass-adoption of electric vehicles is powered by the new generation of batteries, which enable to drive longer distances and reduce the infamous “range anxiety”. However, the market is flooded with fake or counterfeit batteries from China.
As a digitalized society, we are empowering “things” with the ability to interact and transact with online platforms more and more independently.
A solidly constructed global end-to-end supply chain requires two critical elements – confidence in the authenticity of the product delivered to a customer as well as effective monitoring of the goods-in-transit. However, currently operating supply chain suffer from a variety of limitations: substitution of original products with counterfeits, tampering with sensors, as well as increased product liability costs due to spoilage and waste.