Blockchain Supply Chain Use Cases gaining force

In  logistics, the  Maersk and IBM blockchain pilot program, revolved around  creating a digital distributed ledger, whereby a single electronic place houses all the documents related to a shipment .

In a pilot led by T-Mining, a company that is testing blockchain-based applications for logistics containers, the technology provides the personnel with clearance to pick up a load, which indicates that it is more secure than traditional IT solutions. It also prevents the occurrence of fictitious pickups, whereby con artists show up at a shipper’s dock with fabricated documents to steal.

Furthermore, Kouvala Innovation, a Finnish development agency, uses blockchain to achieve smart logistics. Project SmartLog for example, introduces a blockchain tech application into the operational data transfer traffic, as an industry-wide solution. This reduces containers travel times, leads to increased quality information across the supply chain and hence, enhances business performance.