Short decription

Modum

Blockchain integrated IoT temperature logger, which keeps track of temperature during shipment of pharmaneutical products, and then wirelessly transmits this data to the blockchain each time change of ownership occurs.

TE-FOOD

Fresh food supply and quality ecosystem, which tracks livestock and fresh food from farm to table, involving supply chain companies, consumers, and authorities.

Token usage

Modum

Modum is a security token: “MOD token is a crypto token that comes with voting rights and profit participation rights.”

TE-FOOD

Just like Ethereum users pay gas price for transactions, supply chain participants will need to pay by TECoins for transactions to use TE-FOOD’s blockchain traceability ledger.

Supply chain companies can request paid value added information from their suppliers.

Consumers get TECoins as reward for using our consumer mobile app in retail, reading the QR code and viewing the food history, so the system incentives conscious consumer behavior.

Traceability hierarchy

Modum

Client layer (sensor hardware, mobile app)

No ecosystem functinality (e.g. for companies using a third party sensor hardware)

TE-FOOD

Client layer (B2B app, consumer app, authority tools, sensor hardware)

Blockchain protocol layer with interfaces to third party applications

Traction

Modum

Product under development

Three pilot projects (one of them is paid pilot)

TE-FOOD

More than 6000 business customers, daily 400,000 transactions, serving 30 million consumers

Consumer app: 50,000 downloads, B2B app: 10,000 downloads on Google Play

User focus

Modum

Supply chain companies

TE-FOOD

Supply chain companies, governments/authorities, consumers

TE-FOOD emphasizes the involvement of governments / authorities, as an important participant in food security. TE-FOOD provides consultation services for governments regarding enforcement, sanctioning, and communication of the traceability program implementation.

Markets

Modum

Not specified / all markets

TE-FOOD

Emerging countries

Product focus

Modum

Pharmaneutical products

TE-FOOD

Livestock and fresh food (pig, chicken, eggs, cattle, lamb, fish & seafood, fruits & vegetables, arable crops)

Technology

Modum

Sensor hardware

Smart contracts

B2B mobile app

TE-FOOD

QR code and RFID based labels (plastic and paper based)

B2B mobile app

Web based desktop app

Consumer mobile app

Sensor hardware

Blockchain protocol

Marketplace

Potential cooperation

Logging the conditions of products during transportation is a part of the whole traceability process. TE-FOOD has interfaces towards third party solutions, to receive log data from Modum’s system would be a sustainable use case for companies which use TE-FOOD, or a TE-FOOD compatible traceability system.

Disclaimer: We collected the above data from Modum’ web site and documents available on the internet. We apologize if we missed any information.