Tag: logistics

Blockchain technology seems to be on quite a flight since the past few years. Per a press release, published on September 18, 2018, NIIT Technologies Ltd., one of the top global IT solutions companies has released its blockchain powered solution “Chain-m” for the aviation industry. Aiding the Aviation Industry in Backend Processes The solution aims to tackle the current challenges…

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Many large industries and corporations have their “unsung heroes” – individuals and groups whose contributions are critical to the overall success of the enterprise, but who rarely garner the praise and attention they deserve. The unsung heroes in the world of trucking and transportation are the truck drivers. It’s the drivers who get goods to where they need to be…

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Lloyd’s Register, a U.K.-based maritime classification society, iterated its support of blockchain technology after it announced the development of a prototype DLT platform to enable efficient and hassle-free registration of ships. Per a press release published on September 4, 2018, the British company announced a demo of the tool at international maritime trade fair SMM taking place in Hamburg, Germany…

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John Monarch knows logistics. His South Carolina based company, Direct Outbound, has been running warehouse and fulfillment services since 2012. Managing the shipments of e-commerce and brick and mortar retailers on a daily basis, he’s acquired a deep familiarity with the global supply chain, and the nature of world commerce more broadly speaking. Incorporating Smart Contracts on the Supply Chain…

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The Boston Consulting Group (BCG) released a report on August 16, 2018, which outlined the complexities of implementing blockchain technology in enterprise and corporate systems. The group urged senior executives to reconsider the benefits of the innovation and assess the potential drawbacks before proceeding with the nascent technology. Blockchain’s Potential May Have Been Exaggerated Although blockchain technology has been heralded…

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The term “oracle,” which comes from a Latin verb orare, was used in ancient times to refer to a person or group that connected the gods to the people. The oracle then relayed the heavenly messages to the general public who could not access the spiritual world. Being an agency of communication, they acted in different ways inspired by different…

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As more attention is placed on food quality, organic products, and the avoidance of genetically modified foods, consumers are demanding a way to know where their food is coming from and how it is treated and handled before it reaches their tables. Fortunately, traceability and transparency are two things blockchain technology is equipped to deliver. Farm to Table Tracking In…

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On July 32, 2018, Hyperledger announced the passing of its 250-member milestone, as they onboard nine additional members. The members include ChainDigit, Chainyard, Coil, DigiCert, LG CNS, Omnitude, Tierion, and UTRUST. Multiple Companies with Multiple Disciplines Some of the company’s focus on offering blockchain solutions like Tierion with anchoring data to the blockchain, Coil contributing to Hyperledger’s Quilt for better…

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Ethereum cofounder Joseph Lubin has stated that the world’s second largest blockchain network offers a lot more than merely transfer of value through cryptocurrency. Speaking to LiveMint during a July 23, 2018, visit to India, Lubin said that Ethereum is the only genuinely decentralized network apart from bitcoin and that it offers a world of possibilities in India including cloud…

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Would you like the food you and your family eat to be safe? The answer is obvious – but guaranteeing food safety is not as simple as it might sound. At some point, the food that ends up on your dining room or restaurant table will be delivered on a truck. The transport of food products by truck, especially perishable…

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