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.
MarketWaves features DLT Labs presenting Asset Track platform to increase transparency and communication between shippers and carriers.
We dig into the latest negative news cycle, and what challenges blockchain faces heading into 2019.
The Chattanooga-based team at Block Array have launched a blockchain product they call FreightTrust, legal platform for shipping documents.
Zoof-It, a Netherlands-based company that provides a last-mile blockchain platform that instantly rewards for parcel delivery in a convenient, inexpensive and responsible way, has joined the Blockchain in Transport Alliance (BiTA).
Aries Worldwide Logistics, a Houston-based international logistics provider with over 34 years of experience, announced that the company joined the Blockchain in Transport Alliance (BiTA).
BitNautic, an all-in-one hub for the global trade industry, 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.
Full digital automation of shipping processes may be on the way, but what are the intermediary steps leading us there?
The conference attracted over 2,000 industry players and largely revolved around the topics of Asian connectivity, the impact of trade tariffs, and technologies that are revolutionizing the logistics industry.
Ambrosus enables consumers and supply chain stakeholders to have better trust over the products they receive or consume, by using sensors that communicate to the blockchain.
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.