Blockchains will change the core architecture of tomorrows digital ecosystem. Same for the emerging internet of things (IoT) technologies and smart sensors. We’ve built a compelling business case for the combination of those technologies. Supporting the incubation of a venture which ensures drug safety by combining blockchain technology with IoT components – saving money and enhancing safety in the pharma supply chain.
Within 3 months we setup a working prototype to enter pilots with significant commercial partners. Additionally did we win Switzerland’s most important startup acceleration program besides winning other grants, getting featured on the Nasdaq and WEF blog and finally qualifying as one of the four finalist in the IoT/M2M innovation worldcup.
After one year and a successful seed round raising we headed for an initial coin offering raising more than CHF 13.5M and closed the first corporate deals to disrupt the pharma supply chain. Stay tuned for our global journey.