Blockchain
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.
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Digitization advocate says time for port call optimization is now
Port Call Data Definitions guide is available for free download.
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CMA CGM and MSC complete TradeLens integration
With two more major carriers actively sharing information, data on nearly half of the world's ocean container cargo is now available on a single blockchain-based…
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Tachyon joins Blockchain in Transport Alliance
Saudi Arabia-based Tachyon joins the Blockchain in Transport Alliance.
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Commentary: Can AI and machine learning improve the economy?
By the time entrenched incumbents awaken to the threats posed by newly developed general purpose technologies (GPTs), a crop of challengers who had no option…
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How Walmart solved carrier payment woes in Canada with blockchain
Carrier invoice disputes becoming a thing of the past after Walmart Canada deploys DLT Labs’ blockchain freight payment platform.
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ShipChain’s Mainnet focuses on trust, transparency in supply chains
ShipChain’s public mainnet integrates the trust of public blockchains with the scalability and throughput needed by enterprise supply chains, according to CEO John Monarch.
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Connecting seafood producers to consumers via blockchain
Unisot has created a blockchain-based platform that helps bring end-to-end transparency in seafood supply chains.
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Walmart Canada adds DCs, supply chain tech in C$3.5B push
Walmart Canada plans to build two new distribution centers and upgrade its supply chain technology as it spends C$3.5 billion to grow operations.
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Transship looks to automate global reefer maritime shipping
Transship partners with Loadsure to deliver pay-as-you-go, wraparound insurance coverage for all perishable goods.
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BiTA Symposium @HOME: Discussions over blockchain in logistics — Part 2
A digest evaluates the keynote addresses from the virtual event.
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