BiTA – Blockchain in Transport Alliance; an organization with more than 500 members committed to building blockchain protocols that will help secure global supply chains. Within the members are UPS, DHL Express and FedEx and are working together to implement a regulatory implementation of blockchain technology into international shipping. Rob Carter, CEO at FedEx, expressed his belief that government intervention and support of the notion will resolve many issues in international shipping including counterfeit and illegal goods with the technology provided by the blockchain platform.
In many instances the supply chain can and would benefit from a streamlined process and would create a transparency that the industry seems to be wanting.
For more information click here.