DFM Commentary: Blockchain continues to mature and become a preferred solution in supply chain because of the efficiency and transparency it provides network participants. Trust is a critical component and BiTA (Blockchain in Transport Alliance) is helping develop standards that will facilitate data sharing within the permissioned network. Blockchain is part of the technology roadmap …
DFM Commentary: Peter Moore’s article illuminates a path to more efficiency and speed in the transportation industry. Blockchain offers a shared view of the freight transaction for networked participants and a future that improves the customer experience and bottom line profitability. DFM Data Corp. has architected that distributed ledger technology (DLT) concept into its data …
Moore On Pricing: Blockchain and freight payment Read More »
Today, the technology of blockchain has gained a firm foothold in the logistics and supply chain industry. Several blockchain pilot programs have been initiated across the ecosystem by companies that are looking to improve transparency and visibility in their supply chains – a sign of healthy cynicism to have front-row seats on the blockchain bandwagon. …
Round two of Demo Day saw some strong tech contenders. Cutting-edge freight tech startups and innovators give an intimate live product demo on the latest technologies changing the industry. The second round of ten live technologies demonstrations at MarketWaves18 included collaborative, blockchain-based logistics platforms, software that integrated directly into devices onboard a truck, and AI …
Recently, we highlighted several companies who will be exhibiting software solutions at Demo Day, part of MarketWaves18. We continue our review here. Redwood Logistics Redwood Logistics is a next-generation freight management provider powered by a high-growth strategy, a commitment to forming long-lasting partnerships and an emphasis on maintaining a company culture that stimulates ingenuity and …
Panelists (from left) Jason Kerner of Project 44, Robert Nathan of LoadDelivered, Tom Heine of Aljex Software, Noam Frankel of FreightFriend, Scott Moscrip of Truckstop.com and moderator Ramona Hood of FedEx Supply Chain. (Daniel P. Bearth/TT) PALM DESERT, Calif. — Automation isn’t just for trucks. There was plenty of evidence at the Transportation Intermediaries Association …
Freight Brokers Using Technology to Automate Processes – Transport Topics Read More »
( 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 …
Blockchain without cryptocurrencies? – FreightWaves – John Paul Hampstead Read More »
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 …
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 …
Earlier this year, I set about trying to figure out what the heck blockchain actually was and why everyone was talking about it. Because it’s not going away. And apparently Morgan Stanley agrees. In a recently released report titled “Blockchain in Freight Transportation: Early Days Yet but Worth the Hype”, the research foundation discusses the idea that blockchain …
