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 […]

Agility signs on to Maersk-IBM blockchain project

Kuwaiti 3PL Agility Logistics has signed on as the first freight forwarder to collaborate with Maersk and IBM on a project that uses blockchain to manage and track container shipments. As the forwarding partner in the project, Agility said it will “identify events associated with individual shipments and to share and receive information about them […]

Maersk, IBM partner on logistics blockchain JV

Following the past summer’s cyberattack that hobbled operations at FedEx’s subsidiary TNT Express, blockchain technology is gaining traction as a promising way to offset security risks. Earlier this week, IBM and seafreight giant Maersk – itself a victim of a 2017 cyberattack – announced plans to extend their existing partnership and create a joint venture […]

Dubai-based cargo handlers complete blockchain technology test with IBM

Dubai-based ground handler dnata, and a consortium of supply chain firms, has successfully completed a proof-of-concept test for a logistics platform that tracks supply chain transactions using hyper-secure blockchain technology. According to stakeholders in the project, the new system can eliminate redundant data and improve visibility and transparency. In a joint partnership, dnata, Emirates Innovation […]

New Kids on the Blockchain: Perishables and the need for transparency

Think about the last three seafood dinners you’ve had. Let’s say you ate fresh Coho salmon flown in from the Pacific Northwest, perhaps some tasty red snapper sourced from the Gulf of Mexico and some ahi tuna from Japan. Chances are, however, that one of those meals was mislabeled, and you actually ate some kind […]

New Kids on the Blockchain: Effect on perishables market

Trust innovation or perish One of the more obvious types of cargo to be helped by blockchain will be temperature-sensitive cargo, such as food, flowers and pharmaceuticals, which must be kept at an optimal cool-chain degree range while traveling through some of the hottest and coldest places on earth. Tracy Kuhrt, a community architect at […]

New Kids on the Blockchain: Mechanics

By now, just about everyone has heard of blockchain networks – also known as distributed ledgers or smart contracts – thanks to their use in crypto-currency settings for the last several years. Blockchain’s association with the mysterious underworld of crypto-currency bitcoin may have delayed its spread to other industries. As a result, few in the […]

5 ways blockchain can be used to enhance the supply chain

Born from the obscure “bitcoin” universe as a foolproof method to keep track of transactions, and now gaining popularity in the banking and finance world, blockchain is emerging in the logistics arena. This once-little-known technology may be a potential solution to the problem of providing transparency in the supply chain while still keeping shippers’ and […]

IBM launches blockchain-based pharma logistics services in China

One of the oldest computer giants, IBM, is in the logistics news again after launching a blockchain-based financial services platform for pharmaceutical procurement that the company says will increase efficiency, transparency and operation of supply-chain finance. Blockchain technology has the potential to reduce transaction costs, eliminate redundancies and increase visibility in supply chains, especially in […]