Chronicled
Chronicled leverages artificial intelligence to build special purpose blockchain-based applications for supply chain and IoT clients. The company's technology can sync with Quorum, Hyperledger, and Ethereum blockchain protocols and has applications ranging from medical devices and pharmaceuticals to package tracking. One application of the Chronicled platform involves tracking of products like pharmaceuticals, blood, and human organs — which often need to be kept at low temperatures. Chronicled has developed a portable sensor that tracks and stores temperature readings on a blockchain to ensure secure data transmission. Further, for pharmaceuticals and medical devices, Chronicled has developed the "CryptoSeal," a tamper-proof adhesive sticker that is used to identify physical items. At each stop in the supply chain, the seal can be scanned and verified against the blockchain registry. Called MediLedger Project, it is being developed in collaboration with The LinkLab to meet the requirements of the Drug Supply Chain Safety Act (DSCSA) regulation for the pharmaceutical industry.
Funding 💰
Total $12M
Select investors Colbeck Capital, Mandra Capital, Pantera Capital, Solon Mack Capital, Streamlined Ventures, Plug and Play, Social Starts, Iterative Capital Management, Thursday Ventures
Last update: May 7, 2019
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