Sensors and Pairpoint, a Vodafone-owned innovator in the Economy of Things (EoT), have partnered to fight the increasing global problem of supply chain-related fraud.
The collaboration aims to offer a secure platform for companies to track their products throughout the supply chain process. It will use Sensos' tracking labels and AI-based control center with Pairpoint's secure digital platform to detect anomalies and record product movement.
The integration of blockchain technology is intended to enhance safety and trust, thus reducing fraud in supply chain transactions. The combined solution is currently being tested in multiple sites in the US and Europe in partnership with global logistic operator Unilog.
Analyst QuickTake: Sensos has been actively pursuing go-to-market efforts; in February 2024, it raised funding for this purpose. Product partnerships with global leaders will also complement these efforts.
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