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What is Modum (MOD)?

May 10, 2018 By admin_coin

What is Modum Crypto Currency?
What is Modum Crypto Currency?
A brief description of Modum.
modum.io combines IoT sensors with blockchain technology to provide data integrity for transactions of physical products, streamlining supply chain processes in many sectors.

Modum Video

https://vimeo.com/228729720

The purpose of Modum 

modum.io offers an alternative supply-chain solution, ensuring GDP compliance and auditability by using blockchain and IoT technology. modum’s passive temperature-monitoring strategy offers significant cost savings over the active-cooling methods currently used.

Modum Abstract

modum.io sensor devices record environmental conditions while physical products are in transit. When a change in ownership occurs, the collected data is checked against a specific smart contract in the blockchain. This contract validates that the transaction meets all of the standards set out by the sender, their clients, or the regulator and triggers various actions: notifications to sender and receiver, release of goods, payment, etc.

More information can be found in the Modum whitepaper https://modum.io/wp-content/uploads/2017/08/modum-whitepaper-v.-1.0.pdf

Other Modum facts

  • Trading symbol: MOD
  • Governance: Centralized > Hierarchical
  • Open source: No
  • Product status: Prototype / MVP
  • Consensus method: Ethereum consensus (currently proof of work, will be proof of stake later on)
  • Emmission rate: No new tokens created
  • Transactions per second:  Unfortunately we don’t have this data available.
  • Total Supply: 27266200
  • Release date: Unfortunately we don’t have this data available.

Usefull Modum links

  • Modum’s Website
  • Modum pricing data & fundamental Modum information
  • Modum’s Website
  • Modum official blog
  • Modum’s Reddit Forum
  • Modum’s block explorer
  • Modum’s Alexa site stats
  • Modum’s official forum: Unfortunately we don’t have this data available.
  • Modum’s Github code repository:
    n/a
  • Modum’s roadmap:
    https://modum.io/wp-content/uploads/2017/08/modum-whitepaper-v.-1.0.pdf
  • Modum’s team page: https://modum.io/companycareers/
  • Modum’s whitepaper: https://modum.io/wp-content/uploads/2017/08/modum-whitepaper-v.-1.0.pdf

Filed Under: Modum Tagged With: Altcoin, Crypto, Currency, MOD, What is?

Other questions related to this cryptocurrency:

  • Is Modum (MOD) Centralized, Decentralized or Semi-Centralized?
  • What is the Consensus method of Modum (MOD)?
  • All available information on the Modum (MOD) ICO
  • How can I contact the Modum (cryptocurrency) team?
  • Who is leading Modum (MOD) crypto?
  • Where to find Historical trading info and past performance on Modum (crypto)?
  • Where can I find fundamental analysis of Modum (MOD)?
  • How to buy Modum (MOD) cryptocurrency?
  • What is Modum (MOD)?

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