
The Blockchain in Transport Alliance (BiTA) Standards Council Board has approved its first official standard as it seeks to establish industry-wide framework for the emerging, Internet-based, logistics tracking technology.
The Blockchain in Transport Alliance (BiTA) Standards Council Board has approved its first official standard as it seeks to establish industry-wide framework for the emerging, Internet-based, logistics tracking technology.
Startup company dexFreight says it has completed its first blockchain-based shipment using smart contracts, allowing the shipper and carrier to directly connect, negotiate rates, and schedule pickup and delivery.
Fleetcor Technologies, Inc. will test blockchain technology as a way to modernize payments for its commercial fleet clients, especially across international borders, as part of a new initiative with Ripple, which has expertise in the technology, according to the company.
BMW, Ford, General Motors, and Renault have supported blockchain technology, which has been used in cryptocurrencies, for future vehicles. The four have joined the Mobility Open Blockchain Initiative (MOBI).