Scroll Network announced its affiliation with the Blockchain in Transport Alliance (BiTA). “Disruptive and transformational technologies are quite rare,” says Nathan Pitruzzello, CEO and co-founder of Scroll Network. “Blockchain is truly one of those and we are happy to join BiTA and its members in their efforts.”
The membership with BiTA will allow Scroll Network to provide innovative and proprietary software solutions to the transport industry which can allow them to take better advantage of the many benefits of blockchain technology.
Transportation, trucking, rail, shipping, air freight, and supply chain providers share a common need for comprehensive, accurate, timely, and secure records along with related data storage. The transformational nature of blockchain technology can allow this to be done more effectively and reliably than ever before. Personnel records, maintenance records, chain of custody records, payment invoices, contractual agreements, performance documentation, and legal compliance are just a few of the ongoing activities that require safe and efficient software solutions.
Scroll Network seeks early adoption clients to work with in building specific blockchain applications for their own operations. We also look forward to the opportunity to share in the development of prudent and structured industry standards that provide consistency in bringing the transformational potential of blockchain to the transport sector. Having already raised funding through a cryptocurrency token sale, Scroll Network additionally can provide consultative services to other members of BiTA that may be considering funding alternatives in that area. In that respect, Scoll Network is in the final testing stages of its own Main Net that solves known problems with previous platforms such as Bitcoin and Ethereum that have, up to now, prevented viable enterprise blockchain software solutions.
About Scroll Network
Scroll Network is a subsidiary of SoluTech which was founded in October of 2016. We have successfully developed and implemented The Diamond Standard of Blockchain Data. The four facets of our diamond are Low Cost, High Speed, Broad Scalability, and Strong Security. Until the Scroll Network, no one else had one solution that could provide peak performance in all four of these crucial areas of data management, transfer, and storage. We have already reduced our transaction costs to fractions of a cent. We have achieved record breaking speed in transactions per second (TPS). Our software scales automatically as the user base or number of applications grows, and we are confident it will quickly set the bar for blockchain scalability. Regarding security, our solutions provide a dramatically higher level than existing 3rd party cloud services. For more information visit our website at www.scroll.network or contact Bob Gentry, V.P. of Marketing and Sales at 203-984-6631 or bob.gentry@scroll.network.
About BiTA
Founded in August of 2017, BiTA promotes the development and adoption of blockchain applications in the trucking, transportation and logistics industries, including establishing industry-wide standards. Members include truckload, LTL, and parcel carriers, as well as shippers, tech startups and incumbents, insurance companies, law firms, and other industry participants who have an interest in integrating blockchain technology into their organizations.