Blockchains building a future in transportation
AUSTIN, Texas – dexFreight’s shipment of frozen food from Preferred Freezer Services to Manny’s Enterprises was typical in many ways. The goods completed their journey along with many other trucks on Florida highways on Oct. 15. But the load also offered one of the first examples of how a blockchain can be used to manage related transactions.
Block by Block: How blockchain will transform trucking
TORONTO, ON -- The business of moving freight generates a mountain of paperwork. Contracts establish rates and delivery requirements; bills of lading are signed and filed; invoices are generated to request the cheques that need to be issued and cashed. Blockchain – essentially a form of digital ledger -- promises to reshape how all these transactions take place.
Fleet Complete wants to bring blockchain to trucking
TORONTO, ON - Blockchain technology is coming to trucking, and Canadian telematics company Fleet Complete is helping to usher it in. The company joined the recently formed consortium Blockchain in Trucking Alliance (BiTA) as a service charter member. The group formed to promote the adoption, education, and development of a standard framework for blockchain in the trucking industry.