Venture 53 invests in Heale Labs’ tokenization technology
FreightTech investment firm Venture 53 says Heale “shares our vision for the future of the supply chain ecosystem.”
FreightTech investment firm Venture 53 says Heale “shares our vision for the future of the supply chain ecosystem.”
This is CargoX’s second sizable partnership aimed at bringing more efficient import and export practices to global markets.
“The digitalization of trade documentation is in full swing worldwide, and companies need all the support and advice they can get to implement the optimum solutions into their everyday workflows,” said CargoX CEO Stefan Kukman.
“We are proud to be part of this first-in-history interoperability launch between eBOL platforms,” said CargoX founder and CEO Stefan Kukman.
Blockchain technology provider CargoX believes skeptics shouldn’t be bystanders in the creation of global shipping data standards.
The blockchain-enabled global platform TradeLens will go offline by the end of the first quarter of 2023.
“Using the TruckCoinSwap mobile and web apps — and TCS Token — transportation companies can now receive free invoice settlement and get paid sooner. TCS is helping to write a new chapter in blockchain and Web3,” says CTO Jake Centner.
“Iowa is now at the leading edge of the inclusion of blockchain in contract law here,” said CEO Spillman, as his team recently fought to have smart contracts recognized under law in Toggle’s operating state.
Report by University of Tennessee cautions that a business case must be firmly laid out before blockchain initiatives are launched.
Data Gumbo’s Andrew Bruce and Atlas Operating’s Yousuf Chaudhary shed light on how decision-making around lease operating expenses is affected by data.
We are on the cusp of a golden age of technology-led innovation in supply chain.
In the oil patch, a significant share of logistics activity is highly repetitive. Blockchain can automate the payment processes.
Penn State professor Justin Goldston explains how technology such as blockchain can be used to create an ethical international supply chain.
Rak-Joon Choi, a vice president with American Tire Distributors, explains how blockchain technology can bring more efficiency and transparency to tire distribution and the larger supply chain during a Global Supply Chain Week fireside chat.
CONA also partnered with Unibright in August to develop enterprise blockchain applications aiming to create a “Coca-Cola Bottling Harbor.”
The U.S. has indicted a computer hacker working for Pyongyang to help North Korea evade U.S. maritime sanctions.
TRUX, the leader in dump truck logistics technology, is the latest member of the Blockchain in Transport Alliance (BiTA). Read why.
Data Gumbo uses blockchain to automate transactions between buyers and sellers using a combination of data held by those parties and other third parties as verification.
Saudi Arabia-based Tachyon joins the Blockchain in Transport Alliance.
By the time entrenched incumbents awaken to the threats posed by newly developed general purpose technologies (GPTs), a crop of challengers who had no option but to adopt the new GPT at the outset has become powerful enough to threaten the financial stability of an industry.
Announcement of IT EVP and chief digital officer appointments doesn’t mention this week’s ransomware attack.
Continuous intelligent planning can help companies avoid stock outs and drive on-shelf availability.
In today’s edition of The Daily Dash, General Motors and Nikola Corp. strike a deal for fuel cells; diesel engines are a big winner from the fallout of the Volkswagen diesel emissions scandal; and trucking’s exemption from AB5 could be at risk.
Carrier invoice disputes becoming a thing of the past after Walmart Canada deploys DLT Labs’ blockchain freight payment platform.
ShipChain’s public mainnet integrates the trust of public blockchains with the scalability and throughput needed by enterprise supply chains, according to CEO John Monarch.
Developed by A.P. Møller – Maersk and IBM two years ago, the neutral platform was publishing 2 million events per day within a year and a half.
Unisot has created a blockchain-based platform that helps bring end-to-end transparency in seafood supply chains.
A digest evaluates the keynote addresses from the virtual event.
A language barrier of sorts may be blocking shipping lines and ports from adopting common technology platforms.
GS1 US has created data standards to help expedite the mainstream adoption of blockchain within the logistics industry.
An information digest summarizing the different keynote addresses from the virtual event.
Companies and governments should be prepared to work together as blockchain becomes a more prevalent part of both entities’ operations.
E-commerce giant lands patent for a system that will ensure “digital trust” in item tracking
Nine carriers in the Digital Container Shipping Association say eliminating paper from transactions will improve all aspects of the process.
Charley Dehoney spoke with the founder of BasicBlock, a blockchain startup based in Nebraska. Here is the story of the company’s success to-date.
Ubirch, a blockchain cybersecurity company, has joined the Blockchain in Transport Alliance (BiTA). Learn more about Ubirch and BiTA.
It’s imperative that consumers standing in line for a vaccine aren’t receiving a vaccine only 60% effective, because it went out of temperature range.
BMW Group has initiated the “PartChain” project to create an industry-wide solution for secure data-sharing.
Data Gumbo has joined the Blockchain in Transport Alliance. Learn about Data Gumbo’s services and what BiTA is doing to develop blockchain standards.
Supply chain digitization is helping drive trust and security while lowering obstacles to moving goods.
OpenText is the latest member of the Blockchain in Transport Alliance (BiTA). Learn more about OpenText and BiTA.
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. Much of the discourse and sentiment surrounding the […]
Smart contracts may be a boon for trucking companies and owner-operators, ensuring they are paid for all their activities, and reducing the time it takes to get that payment.
Blockchain is a popular subject of discussion and dissection, but is it really the savior of all things logistics?
Brian Aoaeh writes about the “other” side of ecommerce – the returns of unwanted merchandise and how retailers are handling the issue.
FreightTech will be even more important and pervasive in 2020. Learn about some of the expanding trends in FreightTech.
Trump administration seeks industry comment on Obama-era transportation document.
On Dec 10, industry agnostic supply chain ecosystem SUKU announced a partnership with DreamView Studios. The platform, enabled by blockchain, and media ecosystem produces photo-real and AR CGI assets for […]
Blockchain needs trust to gain trust. A tribute to Paul Volcker
Consumers want more information about their food – where does it come from, was it ethically sourced, was it shipped in a safe and sanitary manner, etc. Ben Thrower provides information about how this trend is impacting food companies, growers and consumers.
A U.S. man living in Singapore illegally presented technical information at the Pyongyang Blockchain and Cryptocurrency Conference in April on how North Korea can use blockchain technology to evade sanctions.
The trade of Black Angus bulls is a global supply chain that needs a verification system, which can keep counterfeit beef from reaching the consumers’ table.
London-based Loadsure has joined the Blockchain in Transport Alliance. Learn more about Loadsure, as well as about the largest commercial blockchain alliance in the world.
Federal Emergency Management Agency’s advisory board recommends a pilot of the blockchain-based registry to ultimately improve claim processes and disaster responses.
The Blockchain in Transport Alliance announced it will participate in two blockchain proof-of-concept projects in the coming months. The organization’s working groups also provided updates on the progress of standards development at its BiTA Symposium Chicago on Nov. 14, 2019.
Digitization and ecommerce continue to change the movement and delivery of freight. Kayla Matthews examines the issues involved.
The cosmetics industry uses mica in large quantities, which is predominantly sourced from illegal mica mines across India, where child labor is rampant.
Enterprise resource planning will bring changes to supply chains in 2020. Kayla Matthews points out several technologies that will gain greater acceptance and use in 2020.
Walmart Canada will use DLT Labs blockchain-based Asset Track solution to better track freight and speed payment with its third-party carriers in Canada.
To increase development and deployment of real-world blockchain projects, the conversation needs to shift towards the value blockchain can provide rather than the technology itself, said Dr. Mary Lacity, director of the Blockchain Center of Excellence at the Walton School of Business at the University of Arkansas.
Aramco’s breakeven cost is below $10 per barrel; Alibaba registers $1 billion in sales in 1:08 minutes on Singles Day; Chinese pork imports at an all time high.
UPS has partnered with agri-tech company HerdX to ship beef from the U.S. to Japan, while recording its provenance over a blockchain network.
With shippers and carriers unable to predict rates or capacity in the spot market from month to month, can a better alternative be developed by new freight capacity marketplaces?
Blockchain as a decentralized and immutable ledger can help stakeholders within fashion supply chains to improve trustability, reduce counterfeit products and increase labor equality across the horizon.
When Jim Handoush was growing up, he thought he was destined to work for Apple, which was in its infancy at the time. Today, Handoush doesn’t work at Apple, but is now helping guide the ship for another startup that is hoping to be just as disruptive.
The global auto industry may be the first industry to use blockchain extensively. Read how and why.
IBM Food Trust platform is collaborating with Raw Seafoods to use blockchain to create visibility within the seafood supply chain, starting with scallops fished in the Atlantic.
Kayla Matthews explains some of the global uses of blockchain in logistics and supply chain.
Medical marijuana firm AMP will be pursuing a European Union Good Manufacturing Procedure (EU-GMP) audit to ensure quality and integrity of its pharma goods from the supplier to the German patient.
Since writing about the challenges ahead for food supply chains, I have been thinking about how perishable foods and other items are transported from one part of the world to […]
Prologis, the global leader in logistics real estate, has joined the Blockchain in Transport Alliance (BiTA).
Spanish capital Madrid is working on a blockchain-powered transport application that unifies all mobility systems across the city and provides high levels of data security to its users.
From blockchain to 3D printing, new technologies have the potential to green the supply chain across industry sectors.
ChemDirect, an online marketplace serving the chemical industry, announces it has joined the Blockchain in Transportation Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain in the transportation industry.
Hong Kong-based 300cubits is suspending its platform after it failed to generate sustained interest within the maritime logistics space due to issues with interoperability and government regulations.
Blockchain experts will present innovative projects and discuss the latest in the development of the technology for logistics operations at the upcoming BiTA Symposium Chicago, on Nov. 14, 2019.
Public blockchain-based logistics document transaction platform CargoX has integrated with private blockchain-based digital freight management platform RoadLaunch to provide users greater visibility and transparency into logistics operations.
Digital logistics company Marine Transport International is collaborating with The Recycling Association to enable recycling businesses to relay essential information on trash to stakeholders within the trash value chain in a transparent and swift manner.
A white paper released Sept. 4 by Sen. Bill Cassidy, R-La., raises concern with the ability of the federal government to combat trade-based money laundering (TBML) and suggests that a […]
FreightWaves CEO & Founder Craig Fuller talks with Richard Greening, the Global Technical Director for the DDC Group. The DDC Group provides digitization and processing of freight related documents for logistics companies.
Beijing Mercedes-Benz Sales Service is collaborating with blockchain company PlatOn on a platform that calculates vehicle residual value based on static and dynamic data from vehicles.
These smart legal contracts allow participants to track post-signature performance of the agreement by integrating it with the existing enterprise systems.
Maersk says technology is core to its vision and wants more of its 6,000-strong IT workforce to be direct employees and not contractors.
EPAM Systems is the latest member of the Blockchain in Transport Alliance. Learn more about the company and the Alliance in this article.
Memphis-based is the latest BiTA member. Read about this interesting company’s purpose.
Distributed Ledger Technology (DLT) and blockchain is becoming more mainstream. Information about a new study of DLT provides details.
The blockchain project is in collaboration with Daimler Trucks and seeks to secure and automate machine-to-machine payment processes.
Canadian Pacific Railway (TSX:CP) (NYSE:CP) has joined the Blockchain in Transport Alliance (BiTA). In joining the Alliance, CP is supporting BiTA’s mission of producing blockchain standards that allow for interoperability […]
Blockchain’s utility can only be realized if there is participation from every stakeholder within a value chain, and banks heavily on the quality of data being fed into its system.
For blockchain to improve visibility and accountability within food supply chains, its underlying data needs to be in order.
USPS’ pension problems could cost it more than money. CO2 as a KPI for freight? CPG edible firms need to start going online
There is an abundance of data coming out of food supply chains, and it is important for stakeholders to verify and validate these data points and leverage blockchain to functionally push supply chains forward.
OneLedger has joined the Blockchain in Transport Alliance (BiTA). Read about BiTA’s latest member and its reasons for joining.
Capital Logistics is the newest member of the Blockchain in Transport Alliance (BiTA). Read about the company, as well as BiTA’s efforts to develop blockchain standards for transportation and logistics.
Gemini Shippers Group, a non-profit shippers association that is nearly 100 years old, has joined the Blockchain in Transport Alliance (BiTA). Read about Gemini and why it has joined BiTA.
Ben Thrower writes about the potential of Facebook’s new cryptocurrency.
Automotive industry supply chain expert Surgere has joined the Blockchain in Transport Alliance (BiTA). Read more about Surgere and BiTA.
In a future where autonomous vehicles offer mobility-as-a-service, it is critical to identify the parties involved in transactions – the users and the vehicles. Blockchain can help in this regard.
Retail giant Carrefour is leveraging blockchain to track the provenance of the food products it stocks in its stores, thereby providing its consumers information that far exceeds the data provided on conventional product packaging.
On the headhaul edition of WTT we got Peter Rentschler of CarrierDirect, Emily on Big Deal Little Deal, more