In May 2017, Deloitte tweeted that 10% of global GDP would be built on top of blockchain applications. This huge and ambitious claim was made because of the transformative nature of the technology and the effect it will have on society. For logistics and transportation, it will have a bigger impact promising to shake up the $8T industry.
What is blockchain?
To put it simply, a blockchain is like a database, it’s a way of storing records of value and transactions. However, calling blockchain a new type of database is like saying email is a new way of sending people letters. While the blockchain is a database, that definition doesn’t explain the true genius behind how the blockchain stores records of value and transactions.
We continue our coverage of the technology and the impact on the freight markets and society as a whole.
To help the education process, we have prepared a blockchain glossary.
By joining BiTA, Orange Business Services confirms its co-innovation approach with customers and partners to help enable the wide adoption of blockchain applications in digital supply chain solutions by standardizing developed use cases.
dexFreight founders Hector Hernandez and Rajat Rajbhandari want the supply chain community to realize that blockchain is for them.
Hublock, a software solution based on data-sharing layer has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards relating to blockchain in the transportation/logistics/supply chain marketplace.
On Wednesday at the Texan Gaylord Resort and Convention Center, following MarketWaves18, members of the Blockchain in Transport Alliance (BiTA) met to receive updates on the organization’s progress toward data standards, hear announcements, share feedback, and learn about the work being done by BiTA’s think thanks.
BiTA member, Filament, demonstrated an important new product, and announced a major partnership this week.
Blockchain solutions, improved interfaces, artificial intelligence and a tool for the intermodal business.
The list continues: what will be shown at Demo Day in Dallas this year?
New group floats alternative blockchain solution for container trade.
A wide variety of solutions will be on display at DemoDay.
enVista, a leading global consulting and software solutions firm, has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain in the transportation/logistics/freight marketplace.
LiteLink Technologies Inc. (“LiteLink Tech”) (CSE::LLT) (FRA:C0B) (litelinktech.com), a leading blockchain enterprise solutions provider, announced today they have joined the Blockchain in Transport Alliance (BiTA).
In partnership with Reliance Partners ...
Still in its infancy, blockchain is increasingly being adopted by companies seeking data security solutions. Scroll is one such company.
A wide range of technological solutions for supply chains seeking efficiencies will be on display at MarketWaves near Dallas November 12-13.
Northern Block, a Toronto-based blockchain product venture shop, has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain in the transportation/logistics/supply chain marketplace.
You heard it here first. An actual real-live truckload shipment has worked across supply chain stakeholders to create an industry-first: a shipment using blockchain.
The Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain in the transportation/logistics/supply chain marketplace, is pleased to announce that GTG Technology Group has joined the Alliance.
Europe’s largest port becomes the third in the region to start testing distributed ledger technology.
The FreightWaves Research Institute has announced the list of 55 voters who will be choosing the inaugural winners of the Freight.Tech 25 awards, and it’s who’s who of freight leaders.
From on-demand trucking to blockchain, loadboards and freight matching, the list of companies bringing innovative technologies to the freight industry is growing by the day, which makes the 100 that have made the cut to be honored by the FreightWaves Research Institute as part of its inaugural Freight.Tech 100 all the more special.
The Blockchain in Transport Alliance (BiTA) is pleased to announce that BP, a global energy leader, has joined the organization.
BM recently announced that its food supply chain network, IBM Food Trust, has become generally available and is now open for any member of the food ecosystem to join. The network aims to improve food safety and reduce waste.
Syfan Logistics, a third-party logistics and transportation company, has joined the Blockchain in Transport Alliance (BiTA).
Chainstack, a multi-cloud and multi-protocol Platform as a Service that empowers businesses to rapidly build, deploy and manage decentralized networks and services, has joined the Blockchain in Transport Alliance (BiTA)..
Freight Alley expands with the addition of Grupo Sesé, Carrefour turns to blockchain, Airbus will name its new CEO, and more in Today’s Pickup.
EXL (NASDAQ: EXLS), a leading operations management and analytics company, today announced it has joined the Blockchain in Transport Alliance (BiTA).
Pantos Logistics, the leading logistics company in South Korea, has become the latest member to join the Blockchain in Transport Alliance (BiTA).
Industry participants want practical applications. They want to know what’s happening, and whether or not it’s an actual solution for their needs.
With the explosion in tech over the past few years in transportation, it’s increasingly urgent to provide real solutions with systems integration capabilities that let drivers, carriers, accountants, managers, and brokers tap into innovation and information.
Smart cities end up producing millions of data points every minute. City administrations need to wake up to the potential of data analytics and think of a way to utilize data and reduce urban traffic congestion.
In the latest BiTA webinar, we reviewed the state of blockchain with industry experts. Mitch Hixon, Executive Vice President of Membership Engagement, BiTA spoke with Rachel Parker Sealy, Partner, PwC Advisory and Kris Kersey, Director, PwC Advisory, providing insights from PwC's 2018 Global Blockchain Survey of 600 executives from 15 territories.