Logistics Plus and BiTA Look to Develop Blockchain Standards
and Education within the Transportation Industry
Logistics Plus Inc., a leading worldwide provider of transportation, logistics and supply chain solutions, is proud to announce that it has joined the Blockchain In Transport Alliance (BiTA) to help develop and set standards for blockchain technology within the transportation industry.
A blockchain is a digital and decentralized ledger that is maintained across a network of computers and protected through encryption. Its transparency and incorruptibility helps facilitate transactions and agreements between different parties. Blockchain technology can bring added visibility, traceability, and security to global supply chains.
All companies within BiTA share a unified mission of developing a standards framework, educating the market on blockchain applications, and encouraging the use of said applications through exemplary implementation. In addition to establishing market standards, BiTA is focused on engaging with the industry and providing educational resources to ensure the full potential of the benefits of blockchain technology is carried through.
“BiTA is the standards creation, education and industry leadership organization in the area of blockchain within the transportation industry,” said Emile Zafirov, CIO for Logistics Plus. “By joining BiTA, Logistics Plus is among the early proponents and, potentially, adopters of blockchain technology and the benefits it brings for transportation and supply chains.”