Fraud in logistics is a major problem. So many resources are wasted on trying to negate the issues, and although numerous risk analytics systems have been developed to try to improve the situation, nothing has proven foolproof. Blockchain technology may be the closest thing we have to a solution, and therefore, it has the potential
From the creation of the Blockchain in Trucking Alliance (BiTA) to companies of all sizes developing blockchain-based supply chain management platforms, it is clear that blockchain is becoming a force to be reckoned with in freight and logistics. As blockchain gains prominence in the logistics industry, supply chain leaders need to understand who is using
Logistics will always contain risks, but the use of blockchain in supply chain management can go a long way in prevention and mitigation. The applications of blockchain in supply chain management are growing, and supply chain leaders now have a unique opportunity to bring end-to-end visibility to the darkest and most secluded parts of their
In modern supply chains, communication and collaboration are everything. Systems that work together can ensure that all parties in the supply chain have access to the information and resources necessary to fulfill more orders and please customers. The introduction of blockchain technology is no different from traditional upgrades to supply chain management systems. Blockchain integration
Blockchain and logistics have been a major talking point for supply chain leaders since the creation of Bitcoin. The technology holds great promise for the supply chain and logistics industry by creating an incorruptible and easily distributed resource for shippers and carriers to streamline productivity and ensure all operations continue unimpeded. However, the necessity of
Dear Community, September is here and we’re excited to fill you in on what has been going on at ShipChain. Make sure to read through everything outlined below, as there is quite a bit we have to share this month. September Q3 Tech Update It’s here! We are excited to finally release the latest update
Dear Community, Over the past 11 months, we have grown close to all of you in our Telegram community. As a team, we have decided the best way to continue and educate our global community is through other social media channels. Platforms such as YouTube, our Blog Site, IGTV and others will allow for easier
People cannot improve on what they do not understand or know. This statement applies to shippers as well. While this comparison is most commonly associated with benchmarking, it is also part of the reason why more people in the shipping industry are turning to blockchain for supply chain management (SCM). Blockchain SCM is poised to
The inception of blockchain technology for use in logistics and supply chain management represents one of the most significant innovations in the industry. Blockchain is a technology that stores incorruptible blocks of information; in logistics and supply chain management, it has the potential to eliminate inaccuracies and hold all supply chain entities accountable. In the
Dear Community, As of July 26, 2018, the administrative order against ShipChain by the South Carolina Attorney General’s Office to cease and desist was vacated. We’d like to thank the state of South Carolina for taking the time to resolve this matter quickly and efficiently. While we were never required to halt active development on
