BriefTrace

Company Overview

Snapshot

Founded in April 2016 by Eyal Kamir, BriefTrace operates with 1–10 employees. The company has developed a patented feature set for its IoT solution, which was highlighted in a pilot program for blockchain pharmaceutical shipment tracking in March 2018.

Business overview

BriefTrace Ltd develops an IoT solution for real-time temperature and location monitoring of high-value and critical shipments. The company's core technology leverages blockchain and IoT to connect supply chain links, turning IoT devices into blockchain IoT sign-and-send devices in conjunction with the Traceum network. BriefTrace aims to create a smart, trusted, and cost-effective ecosystem for customers and partners, primarily serving the pharmaceutical and insurance industries by addressing issues like diversion, expiration, and lost or damaged shipments. The company operates within the Business Software sector, focusing on enterprise solutions, and offers a GEO Tracking Device product.

Strategic signal

In March 2018, BriefTrace announced a pilot program for blockchain pharmaceutical shipment tracking with DSV. This initiative demonstrated the company's patented IoT solution in a real-world application, showcasing its potential to mitigate significant financial losses due to supply chain inefficiencies in critical industries. The pilot underscored the commercial viability and strategic importance of BriefTrace's technology in enhancing transparency and security within complex logistics operations.

Company Intelligence Q&A

What is BriefTrace's primary focus?

BriefTrace focuses on connecting broken links in the supply chain using blockchain and IoT technology, specifically for monitoring real-time temperature and location for high-value and critical shipments.

When was BriefTrace founded?

BriefTrace was founded in April 2016.

Who is a co-founder of BriefTrace?

Eyal Kamir is a co-founder of BriefTrace.

What industries does BriefTrace primarily serve?

BriefTrace primarily serves the pharmaceutical and insurance industries, addressing issues like diversion, expiration, and lost, damaged, and delayed shipments.

What significant pilot program did BriefTrace announce?

In March 2018, BriefTrace announced a pilot program for blockchain pharmaceutical shipment tracking with DSV, utilizing its patented IoT solution.