BiTA

Blockchain without cryptocurrencies? – FreightWaves – John Paul Hampstead

By / 2020-09-13

( Photo: Wikimedia Commons ) The biggest barrier to blockchain’s adoption by enterprise on an industry-wide scale is a set of misconceptions about what exactly blockchain is and its relationship to cryptocurrencies like Bitcoin and Ethereum. Most people who are aware of blockchain learned about it because of the media’s fascination with Bitcoin, the volatile …

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Blockchain will work in trucking – but only if these three things happen – Tech Crunch – Jonathan Salama _ TRANSFIX

By / 2020-09-13

Sometimes a buzzword gets so overhyped that it deserves some light-hearted mockery. That seems to be the case with “blockchain.” While it’s true that not every industry can benefit from a distributed-ledger technology, the trucking industry most certainly can. In fact, a new consortium called the Blockchain in Transport Alliance (BiTA) is working to apply blockchain to …

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Empowering drivers: 5 companies disrupting the supply chain ecosystem – FreightWaves – Chad Prevost

By / 2020-09-13

Call it the Internet of Things, the Sharing Economy, a result of the ELD mandate, but with the emergence of blockchain-style applications we are witnessing a digital gold rush when it comes to technologies bent on improving supply chains. (Photo/Shutterstock) Given the early nature of blockchain technology, corporations and consortia all across the globe are …

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Key takeaways from Morgan Stanley’s Blockchain in Freight report – FreightWaves – John Paul Hampstead, Associate Editor

By / 2020-09-13

On Black Friday, Morgan Stanley released a 50-page research paper called “Blockchain in Freight Transportation: Early Days Yet but Worth the Hype.” Morgan Stanley expects that blockchain-enabled smart contracts will be widely available for commercial use in 2018 (see: Blockchain in Transport Alliance), with more sophisticated applications coming out in 2020. Morgan Stanley believes the …

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