China’s SF Holdings joins BiTA

 ( Photo: Wikimedia Commons/Solomon 203 )

(Photo: Wikimedia Commons/Solomon 203)

SF Holdings, a leading integrated logistics and supply chain service provider based in China, has joined the Blockchain in Transport Alliance (BiTA). SF Holdings supplies a variety of services both domestically in China and internationally, including warehousing and distribution, supply chain management and delivery services, covering more than 200 countries and territories.

BiTA was formed by experienced tech and transportation executives to create a forum for the development of blockchain standards and education for the freight industry. The goal is to bring together leading companies in the freight technology industries that have a vested interest in the development of blockchain technology.

Blockchain is a decentralized and distributed digital ledger that records transactions electronically. By its nature, a blockchain record can’t be altered, making transactions immutable. Within the freight industry, BiTA members see many opportunities to utilize the technology to streamline operations, speed processes, provide security and trust between parties and lower transaction costs to name just a few applications.

SF Holdings has been and continues to be at the forefront of technological change, especially in areas of drones, autonomous vehicles, artificial intelligence, IoT, routing system, robotics and automation, etc.

“SF Holdings’ vast integration into the freight system makes it a perfect complement to the hundreds of BiTA members that represent all aspects of the supply chain,” said Chris Burruss, president of BiTA. “We welcome SF Holdings to the organization and look forward to working with its forward-thinking leadership to help realize the potential of blockchain in the global supply chain.”

SF Holdings operates SF Express, a leading express delivery logistics service provider in China.

About BiTA

Founded in August of 2017, BiTA promotes the development and adoption of blockchain applications in the trucking, transportation and logistics industries, including establishing industry-wide standards. Members include truckload, LTL, and parcel carriers, as well as shippers, tech startups and incumbents, insurance companies, law firms, and other industry participants who have an interest in integrating blockchain technology into their organizations. Visit BiTA at https://bita.studio/.

About SF Holdings

SF Holdings is a leading integrated logistics and supply chain service provider in China. Its logistics, warehousing and distribution, supply chain management and international delivery services.  The company operates a comprehensive national delivery network across China and its international delivery service covers over 200 countries and territories worldwide.  Investing substantially in technologies, SF aims to advancing the technological frontier of China’s logistics industry, especially in areas of drones, autonomous vehicles, artificial intelligence, IoT, routing system, robotics and automation, etc.  In addition, with over 50 cargo planes in its fleet, the company also operates the largest cargo airlines in China.