Pantos Logistics, the leading logistics company in South Korea, has become the latest member to join the Blockchain in Transport Alliance (BiTA).
Deep Tech, such as Blockchain, has become a critical topic in multiple industries, and the supply chain/logistics sector is one that has the potential to benefit the most. With a belief in innovation to constantly improve its customers’ satisfaction and experience, Pantos Logistics made the decision to participate in the standards organization, as well as to contribute to the freight and logistics community in the Alliance.
Tae Hoon Kim, the Manager of Pantos Logistics’ Digital Innovation Team, stated, “Pantos is trying to integrate new technology into the logistics industry to provide excellent logistics service and learn about new business models. Since blockchain has explosive potential, we want to prepare for the upcoming blockchain technology by participating in BiTA to establish standards, find use cases, etc. We will try to provide the premium logistics service by combining the latest technologies as well as blockchain.”
Soeren Duvier, Managing Director of BiTA in Asia, said, “Not only is it a leading logistics company, Pantos Logistics is also not shy to take the first steps and make changes where necessary. Therefore, we are proud to have the company on board as one of our BiTA members and extol Pantos Logistics for recognizing the value that BiTA brings to the global transportation industry.”
About Pantos Logistics
Established in 1977, Pantos Logistics is one of the leading logistics companies in Korea, aiming to join the ranks of world-famous logistics businesses based on an innovative mindset and a willingness to face every challenge. Serving over 13,000 customers with a total of 349 networks in 40 nations, Pantos Logistics provides a full range of services, such as exporting and importing via air, sea and railroad, customs clearance, inland transportation, with strong global logistics networks.
Founded in August 2017, BiTA has quickly grown into the largest commercial blockchain alliance in the world, with more than 450 members that collectively generate over $1 trillion in revenue annually. BiTA members are primarily from the freight, transportation, logistics and affiliated industries. Alliance members share a common mission to develop a standards framework, educate the market on blockchain applications and encourage the use of those applications. BiTA has offices in Chattanooga, Tennessee, USA, and Singapore. For more information, please visit the BiTA website at www.bita.studio/.