Even as technology percolates within supply chains, logistics operations continue to be fraught with visibility issues. This problem stems from logistics stakeholders struggling to trust their partners both upstream and downstream in the value chain, jeopardizing data interconnectivity and the resulting efficiency gain.
Blockchain as a technology can be a powerful tool to infuse trust into a value chain, especially in situations that require transactions to be made based on data arising from...
Blockchain-based logistics startup ShipChain has introduced its Mainnet, which promises to provide complete supply chain transparency and unprecedented security to users in its network. Mainnet is a blockchain protocol that is fully developed and deployed, and can handle transactions that are recorded on a distributed ledger.
“ShipChain’s public mainnet brings the trust of public blockchains with the throughput and scalability that enterprise supply chains require,” said John Monarch, the CEO of...
https://www.freightwaves.com/news/shipchains-mainnet-focuses-on-trust-transparency-in-supply-chains
The BiTA Symposium @HOME on June 10 featured speakers presenting blockchain use cases and possibilities across various verticals within the supply chain industry. They illustrated ways to leverage blockchain to bring more transparency and visibility into logistics operations. In a series of two digests, FreightWaves attempts to outline key aspects of those talks individually.
Founded in August 2017, the Blockchain in Transport Alliance, or BiTA, has become the largest commercial blockchain...
https://www.freightwaves.com/news/bita-symposium-home-blockchain-in-logistics-discussions-part-1