The Aviation Industry is setting a new playing field with blockchain adoption spreading through loyalty programs, baggage tracking, air supply and logistics. In an era in which catching a flight is easier than renting a car, and an estimated 40 million flights will occur this year alone, it is understandable that competition is fierce, and […]
Continue Reading
The platform is estimated to automate around 75 million processes each year and save about 12 million sheets of paper per year. German logistics firms partner to jointly create a blockchain tracking platform, local news outlet Tiroler Tageszeitung reports on July 16. Per the report, logistics firms LKW Walter, GS1 Austria, and its EDITEL Austria […]
Continue Reading
Swiss forwarding and logistics services company Panalpina has started blockchain pilot projects aimed at optimizing supply chains. Swiss forwarding and logistics services company Panalpina has started blockchain pilot projects aimed at optimizing of supply chains, according to a press release on June 11. After joining the Blockchain in Transport Alliance (BiTA) in May, Panalpina — […]
Continue Reading
Swiss Mediterranean Shipping and French CMA CGM have both joined TradeLens. Two leading global shipping firms, Mediterranean Shipping Co (MSC) and CMA CGM, have joined blockchain shipping platform TradeLens, Reuters reports on May 28. Switzerland-based MSC, the world’s second-largest shipping company, and French CMA CGM, reportedly the fourth-largest container shipping firm, have joined the blockchain […]
Continue Reading
Overstock’s total net revenue reportedly decreased from $445 million in Q1 2018 to $367 million in Q1 2019. Online retail giant and major crypto industry disruptor Overstock.com has seen a 17% decrease in revenue in Q1 2019 from Q1 2018, the firm’s CEO Patrick Byrne revealed in the latest quarterly report released on May 9. […]
Continue ReadingBlockchain will feature within logistics plans, alongside other technologies such as Internet of Things. Blockchain will be one of the technologies local Chinese authorities will leverage in an overhaul of local transport infrastructure, a government bulletin reported on March 25. New plans recently approved reference blockchain, in addition to other disruptive tools such as big […]
Continue ReadingFrance’s largest port, Marseille Fos Port, has joined a blockchain pilot for freight transport on the Mediterranean-Rhône-Saône axis. The main trade seaport of France, Marseille Fos Port, will participate in a blockchain pilot for freight logistics in June 2019, local industry news outlet PortSEurope reports on March 6. The project aims to use blockchain technology […]
Continue ReadingThe blockchain use agreement between the national Russian pension fund and Russian Railways is set to be sealed later this year. Russia’s national pension fund is settling an agreement with Russian Railways to use blockchain for tracking transport passengers that qualify for discounted services, Moscow-based news agency Rambler News Service (RNS) reports on March 1. […]
Continue Reading
The port authority of one of Europe’s busiest ports has reportedly signed an agreement under which it will collaborate with IBM on a blockchain-based shipping platform. The Port Authority of the Bay of Algeciras (APBA) has signed an agreement under which it will collaborate with IBM on its shipping platform Tradelens, Europa News reported on […]
Continue ReadingIsrael’s largest cargo shipping company Zim has opened its blockchain platform to all clients in select trades, following a successful pilot. Israel’s largest cargo shipping company Zim has opened its blockchain platform for electronic bills of lading (eB/Ls) to all clients in selected trades. Global shipping news outlet TradeWinds reported the news today, Jan. 14. […]
Continue Reading