BlockchainGlobal Standards

Alliance to Develop Blockchain Standards for Transportation

FR8 Revolution, creators of a marketplace for open deck carriers and shippers, has announced that it has joined the Blockchain in Trucking Alliance – BiTA. Blockchain in Trucking Alliance is a forum for promotion, education, and encouragement to develop and adopt blockchain applications in the trucking, transportation, and logistics industry.

BiTA’s goal is for members to participate, discuss, create, and adopt industry standard uses of blockchain applications and to provide clarity and direction for the development of blockchain technology in the trucking industry in a manner that will create efficiency, transparency, and foster trust. BiTA aims to build the first set of transportation industry-specific blockchain standards. The alliance will be focused on providing educational resources and open forums to companies that are dedicated to the evolution of the trucking industry through the efficiencies offered by blockchain technology.

 

READ MORE OF THE ARTICLE AT CHAIN-FINANCE.COM

Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.
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