About
BriefTrace Ltd has developed an IoT solution that allows users to monitor real-time temperature and location for high-value and critical shipments. BriefTrace's solution was borne out of a need to address the huge cash reserves lost on diversion; expiration; and lost, damaged, and delayed shipments within the pharmaceutical and insurance industries. The company has a patented feature set including indoor and outdoor mapping. BriefTrace's solution requires no additional infrastructure. BriefTrace focuses on connecting broken links in the supply chain using blockchain and IoT technology. The company's technology turns IoT devices into blockchain IoT sign-and-send devices in conjunction with Traceum, a business-focused blockchain network. BriefTrace seeks to create a smart, trusted, and cost-effective ecosystem in which customers and partners can work and conduct business.
Company Intelligence Q&A
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- What is the primary focus of BriefTrace's technology?
- BriefTrace focuses on connecting broken links in the supply chain using blockchain and IoT technology to monitor real-time temperature and location for high-value and critical shipments.
- When was BriefTrace founded?
- BriefTrace was founded in April 2016.
- What is the current operational status of BriefTrace?
- BriefTrace has been inactive since June 2018.
- Which industries does BriefTrace's solution primarily target?
- BriefTrace's solution primarily targets the pharmaceutical and insurance industries.
- Does BriefTrace hold any patents?
- Yes, BriefTrace has a patented feature set that includes indoor and outdoor mapping.
- Where is BriefTrace's headquarters located?
- BriefTrace's headquarters is located in Herzliya, Israel.
- What is BriefTrace's current funding stage?
- BriefTrace is currently in the Pre-Funding stage.
- Has BriefTrace conducted any pilot programs?
- In March 2018, BriefTrace conducted a blockchain pharmaceutical shipment tracking pilot with DSV.