SmartLoC receives prestigious 2023 Physical Internet Start-up Award for revolutionary innovation

SmartLoC, a leading German start-up specializing in B2B payment solutions based on IoT data derived from direct monitoring of shipments, is thrilled to announce its recent victory in winning the highly esteemed 2023 Physical Internet Start-up Award. This accolade recognizes SmartLoC's groundbreaking contributions to the field of supply chain innovation, solidifying its position as a trailblazer in revolutionizing the B2B payment sector.

The Physical Internet Start-up Award, bestowed annually, honors start-ups, companies and organizations that demonstrate exceptional achievements in advancing the concept of the Physical Internet. This concept envisions a seamlessly connected and interoperable global logistics network that enables the efficient movement of goods, reduces waste and CO2 emissions, and optimizes supply chain operations. SmartLoC's win can be attributed to its transformative technology and innovative approach in integrating IoT data and payment solutions into the supply chain ecosystem.

The company's revolutionary system enables real-time monitoring of shipments, providing accurate and actionable data for companies involved in international trades to streamline operations, optimize routes, and enhance overall efficiency. By leveraging cutting-edge IoT devices and advanced analytics, SmartLoC empowers businesses to make informed decisions, reduce costs, and minimize risks in their supply chain processes. This recognition highlights the significant impact that SmartLoC's solutions have on driving the digital transformation of the logistics and payment industry. Mrs Britta Balden, CEO of SmartLoC, expressed her gratitude upon receiving the award, stating, "We are truly honored to be recognized with the 2023 Physical Internet Start-up Award. This prestigious accolade validates our commitment to innovation and our vision of a connected, efficient, and sustainable ecosystem. We believe that the Physical Internet represents the future of supply chain management, and we are proud to be at the forefront of this transformative movement." The Physical Internet Award selection committee commended SmartLoC for its pioneering spirit, disruptive technology, and positive influence on the logistics landscape. SmartLoC's commitment to driving efficiency, sustainability, and improved visibility within the supply chain resonated strongly with the judging panel, ultimately leading to its well-deserved victory. SmartLoC's win of the 2023 Physical Internet Award serves as a testament to the company's dedication to redefining how B2B payments are managed and executed through cutting-edge technologies and data-driven solutions. This recognition positions SmartLoC as a thought leader and industry influencer, paving the way for future advancements in the realm of supply chain optimization and B2B payments.

For more information on SmartLoC, please visit the website at https://www.smartloc.link
For more information on the Physiscal Internet and how it will be implemented in Europe, please visit the website at https://www.etp-logistics.eu/

About SmartLoC:
SmartLoC is a German start-up specializing in B2B payment solutions based on IoT data derived from direct monitoring of shipments. Through its innovative technology, SmartLoC empowers companies doing international trades to optimize their payment processes and gain valuable insights into their supply chain operations.

About the Physical Internet Award:
The Physical Internet Award recognizes outstanding contributions to the development and advancement of the Physical Internet concept. It honors organizations and companies that demonstrate exceptional achievements in fostering a connected, efficient, and sustainable global logistics network