Modum is a project aimed at the improving the pharma supply chain, which offers a passive monitoring solution, ensuring GDP compliance and auditability by using blockchain and IoT technology.
Modum’s tested solution offers a significant cost savings over the active-cooling methods currently used, while providing valuable data to drive continuous improvement in supply-chain logistics. This product addresses a direct use case and is built specifically for it, Furthermore, the product is built to satisfy recently updated EU regulations, which will make it easier for companies to adapt the necessary processes. MOD currently trades at about $8.20 USD on Finance.
With a Circulating supply of ~18mn and a market cap ranking of 164, this coin has a lot of potential to run, and has picked up steam in the past few weeks alone. The amount saved by using Modum is upwards of 60% per transaction, soon enough every transport being made in the pharmaceutical industry will utilise Modum.