CCN, Microsoft launch blockchain air cargo billing, costing and reconciliation system

Singapore-based logistics company Cargo Community Network (CCN) and Microsoft launched a blockchain-based billing, costing and reconciliation system for air cargo at the International Air Transport Association (IATA) World Cargo Symposium in Singapore this week. The blockchain-based system, developed on Microsoft’s Azure cloud computing service, is designed to minimize billing discrepancies, accelerate billing reconciliation and provide […]
  • Chelsea Toczauer
  • March 14, 2019

UPS Strategic Enterprise Fund invests in blockchain-based Inxeption platform

UPS has made an equity investment in a block-chain-based e-commerce platform startup, called Inxeption Corp., via its UPS Strategic Enterprise Fund. While financial details were not released, the investment will be used to develop e-commerce services for B2B sellers and buyers. Calling the investment partnership “the future of commerce,” Inxeption CEO and co-founder, Farzad Dibachi, […]
  • Randy Woods
  • January 16, 2019

CargoX startup launches open, blockchain-based platform

Today, Slovenia-based logistics startup, CargoX, launched its new blockchain-based platform. The company says its platform is the first open, neutral and accessible system in the shipping industry. While the startup platform is aimed at trucking and maritime interests, there is potential for future application down the road for airports and airfreight. According to CargoX, the […]
  • Chelsea Toczauer
  • November 14, 2018

French retailer to launch food blockchain

The multinational France-based supermarket chain Carrefour said it plans to launch “Europe’s first food blockchain,” in collaboration with IBM, by incorporating blockchain technology into eight of its product lines by the end of 2018, making it easier to monitor their respective supply chains. The move is an extension of Carrefour’s existing service, which allows customers […]
  • Nina Chamlou
  • October 22, 2018

TACF18: In the weeds over blockchain use in air cargo

TORONTO – Yesterday, it became legal to buy and sell marijuana for recreational purposes all across this vast country. While the Canadian airwaves were filled with pundits spouting opinions about how to manage this new commodity, at least one speaker at TIACA’s Air Cargo Forum seemed to have one answer to the weed question: Blockchain. […]
  • Randy Woods
  • October 18, 2018

Freightalia to use CargoX’s ‘Smart B/L’ blockchain platform

Online quote management system Freightalia has signed a partnership agreement with tech startup CargoX for use of its blockchain-based electronic bill of lading (B/L) product, which completed its first ever Smart B/L mission during a trial shipment from Shanghai to Koper, Slovenia, last month. CargoX has been developing and testing its Smart B/L platform since […]
  • Nina Chamlou
  • September 24, 2018

Team Worldwide joins blockchain group BiTA

Texas-based 3PL Team Worldwide joined the Blockchain in Transport Alliance (BiTA) – the organization of logistics companies that aims to develop blockchain standards and technology for the cargo community. The CEO and President of Team Worldwide, Jason Brunson, said, “Prioritization of technology is required to remain successful in today’s marketplace,” echoing the industry’s sentiment that […]
  • Nina Chamlou
  • September 17, 2018

Panalpina launches ‘digital hub’ technology arm in Zurich

This week, Swiss forwarder Panalpina debuted its “Panalpina Digital Hub,” the new Zurich-based technology-focused arm of its business that will focus on exploring cutting-edge systems, such as the “internet of things” (IoT), artificial intelligence (A.I.) and blockchain, with the intent of forming strategic partnerships with European start-ups to integrate these technologies. “We, like many of […]
  • Nina Chamlou
  • June 26, 2018

BRU integrates blockchain into digital BRUcloud service

Yesterday, Brussels Airport (BRU) launched its first blockchain-enabled application, which will work in conjunction with its cloud-based data management platform, BRUcloud, that was rolled out in January of this year. The addition of blockchain technology to the app will centralize client communication, replacing individual “system-to-system connections with all different partners,” said Sara Van Gelder, cargo […]
  • Nina Chamlou
  • June 14, 2018

Blockchain NW discusses future of blockchain in supply chain management [VIDEO]

Yesterday, business community members from the logistics and financial sectors gathered in Seattle at Blockchain NW, the city’s first conference centered around the trendy – if a bit illusory – open-source technology. While blockchain is commonly coupled with cryptocurrency, the conversation surrounding its potential to revolutionize supply chain management has been buzzing for the past […]
  • Nina Chamlou
  • June 6, 2018

Panalpina, RIM Logistics join blockchain standards group, BiTA

Today, Swiss forwarder Panalpina and Illinois-based RIM Logistics joined the Blockchain in Transport Alliance (BiTA), an organization of logistics companies that share the goal of developing blockchain standards and technology for the cargo community. Members include industry leaders like FedEx, PENSKE and UPS. Blockchain is an open-source encrypted database – popularized by the cryptocurrency Bitcoin […]
  • Nina Chamlou
  • May 22, 2018

Blockchain-based app can hold supply chain partners accountable for container damage

Logistics services provider TCompanies’ newest venture, Photo Equipment Interchange Receipt (PEIR), is an app for logistics companies that aims to digitalize the process of recording damage to containers and trailers. The PEIR app’s interface allows those handling freight at transition points in the supply chain to snap photos of the state of the container or […]
  • Nina Chamlou
  • May 16, 2018

Chain.io moves forward with blockchain-based data management service

On Monday, software service provider Chain.io announced it was bringing fellow Philadelphia-based logistics company BDP International on board to develop a blockchain-backed supply-chain management database, called Vault. The service will store supply-chain compliance records with the higher level of security associated with the encrypted network known as blockchain, which has been used in the financial […]
  • Nina Chamlou
  • May 2, 2018

Alibaba launches blockchain initiative to track food delivery

Despite the continued buzz around the potential for blockchain technology to enhance data security in the supply chain, the airfreight industry has seen a slow start to creating tangible application. But this week, Chinese e-commerce giant Alibaba is putting its word into action by premiering its own blockchain-encrypted platform, the Food Trust Framework. Through the […]
  • Nina Chamlou
  • May 1, 2018
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