Commonwealth Bank
Research & Development
Mildura Cellular IoT Tracking System
Commonwealth Bank (CBA), Australia's largest bank, identified two major issues in the food industry's complex supply chains: a lack of traceability in the logistics chain and instances of food spoilage during transportation. To address these issues, CBA conducted a pilot project using an Ethereum-based blockchain for traceability and a hardware module (Particle B Series LTE CAT M1 development board) to monitor temperature and humidity. Collaborating with partners such as Olam Orchards Australia, Pacific National, Port of Melbourne, Patrick Terminals, and OOCL Limited, the project successfully demonstrated the integration of sensors, cloud technology, and power optimization to improve the efficiency and reliability of food transportation.
I believe in leveraging technology to address challenges in complex supply chains, and the trial with Commonwealth Bank illustrates the power of blockchain, IoT sensors, and cloud connectivity in enhancing traceability and monitoring conditions in the food industry. By collaborating with key players in the supply chain, we can achieve meaningful improvements and build more resilient systems.