ShipChain has been selected by the World Economic Forum (WEF) as one of the roughly 100 supply chain companies and experts that will help build and come up with the parameters for the Blockchain Toolkit. ShipChain CEO, John Monarch, will be the primary delegate. According to the WEF’s formal announcement made on May 1, 2019,
If you’ve been following our blog, trends in logistics, or just the news in general, by now you know that blockchain is a big deal. Imagine a world in which all of your data is virtually unhackable, secure, and unable to be tampered with. Now imagine removing third-parties and their added costs entirely. You’re looking
If you’re like me, you have probably wondered why the same foods keep getting tangled up in the major recalls. For example, what is it about romaine lettuce that makes it so susceptible to bacterial contamination? I always thought salads were the best choice on the menu, but have I been wrong this whole time?
The trucking industry moves more than 70% of America’s freight, and gross freight revenues from trucking exceeded $726.4 billion in 2015, reports TechCrunch. Today, shippers are demanding more availability, time and capacity, and truckers are struggling to meet these demands. In response, the value of a blockchain trucking platform will grow, and according to our
Shippers have traditionally turned to third-party logistics providers (3PL) to augment their logistics strategies. However, recent developments in the supply chain and globalization of the supply chain have triggered a surge of value-added services. Instead of merely providing logistics management and expansion of available capacity, today's 3PL offers a whole host of additional services, including
Nowadays, evolving technology can dramatically change the way society functions. I can still remember my very first cellphone. The most high-tech things it could do were make phone calls and send text messages, all hand-crafted in T9 of course. Fast forward fifteen years and now my cellphone also doubles as my HD camera, portable music
Near the end of 2018, Walmart announced it plans to raise trucker salaries to approximately $87,500. That is in stark contrast to the current median clocking in at roughly $44,281. Now if your first thought is to quit your job immediately and apply to drive for Walmart, I don’t blame you. The salary is impressive,
As blockchain is now a frequent topic of discussion among supply chain circles, it is essential to consider how it could affect electronic device manufacturers. Marrying electronic device manufacturers and blockchain software vendors will have a profound impact on reducing the spread of counterfeit products and more. According to Maja Vujinovic of CoinDesk, 30% of
Blockchain and Ethereum technology can be very confusing if you don’t have a background in either. It seems that every time I mention that I work for a Blockchain company, the conversation inevitably goes to how exactly it works and what it all means. One aspect that can appear daunting is understanding an Ethereum wallet.
It’s easy to get caught up in the hype over blockchain. When it comes to supply chain, the vast promises of renewed visibility and traceability are abundant. While there is much truth to the hype, it is important to stay practical and understand the logistics applications of blockchain and what they mean for you and