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Blockchain-based Cold Chain Containers for Pharmaceutical Transport

Sector: Tertiary sector · Industry: Freight forwarding and transport · Organisation: SkyCell · Maturity level: Production

SkyCell develops temperature-controlled containers for pharmaceutical goods with IoT sensors and blockchain technology for tamper-proof real-time cold chain monitoring. The containers protect goods worth over 2.5 billion US dollars monthly and achieve an on-time delivery rate of 99.26 percent. Additionally, the containers reduce CO₂ emissions by 2 to 24 tons per pallet compared to traditional solutions.

Documentation status

Description

SkyCell (Zurich) develops smart pharmaceutical cold containers (hybrid containers) for global air freight. The company integrates blockchain technology for seamless documentation of temperature data throughout the entire transport.

Pharmaceutical air freight is critical: biologics, insulins, cancer medications and vaccines must be transported at temperatures of 2-8°C or -20°C. Any deviation can destroy efficacy. The problem: paper-based temperature logs can be altered retrospectively; in case of damage, liability is difficult to determine. SkyCell solves this with IoT sensors in every container: temperature, humidity and GPS are measured every 60 seconds; data is immutably stored on a blockchain; all authorised parties (pharmaceutical companies, airline, recipient, FDA/EMA) can view live what is happening. Trans.INFO reported extensively on the blockchain approach for pharmaceutical cold chain transports. SkyCell closed a 116 million USD Series D in 2021 (investors: SUSI Partners, SBB Pension Fund among others). The punkt4.info press release documented an earlier 32 million CHF round. SkyCell supplies the largest pharmaceutical companies and vaccine manufacturers worldwide.

Perspectives

B2B — organisations perspective

Pharmaceutical companies and air freight carriers can document pharmaceutical cold chains secured by blockchain with SkyCell containers — FDA/EMA-compliant temperature records, instantly accessible, tamper-proof, for every shipment.

B2C — consumers perspective

Patients indirectly benefit from more reliable availability of their medications, as fewer drugs are lost due to cold chain breaches. The improved quality assurance contributes to the efficacy and safety of the medicines received.

Employees perspective

Logistics staff are relieved from time-consuming manual checks and paper documentation, as sensors automatically capture and record all relevant data. At the same time, they gain better insights into the status of their shipments through real-time dashboards and can proactively respond to potential issues.

Benefits

General

B2B — organisations

Employees

Challenges

General

B2B — organisations

Employees

Technology foundation

The solution uses blockchain-based software that tamper-proof documents real-time data on temperature, humidity and geolocation. The decentralized platform creates immutable records for waybills and customs forms, giving all supply chain participants confidence in data integrity.

Implementation examples

SkyCell Pharma Logistics Platform

SkyCell aimed to reduce high losses in pharma logistics due to cold chain breaches while automating compliance processes. The company recognised that traditional monitoring methods were manipulable and unreliable.

SkyCell has developed and globally implemented a blockchain-based platform for temperature-controlled pharmaceutical transports.

SkyCell combines IoT sensors in temperature-controlled containers with blockchain-based software for tamper-proof real-time monitoring. The platform continuously captures temperature, humidity and GPS position and immutably records all data on the blockchain. With a global expansion funded by a 116 million USD Series D financing, the company protects goods worth over 2.5 billion US dollars monthly.

On-time delivery rate of 99.26 percent and protection of goods worth over 2.5 billion US dollars monthly.

The solution eliminates possibilities for tampering with temperature data and reduces product losses through continuous monitoring. Automated compliance documentation replaces time-consuming manual processes and increases the reliability of pharmaceutical transports.

Tags

Supply chain, Pharma logistics, IoT, Temperature monitoring, Blockchain

Sources

  1. SkyCell nimmt 32 Millionen Franken ein
  2. SkyCell closes US$116 Million Series D
  3. Transport von Pharmazeutika: Blockchain ermöglicht effektivere Kontrolle
  4. Delivering Reliability at Scale