Without standardization, blockchain can become a forgotten piece of code

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Published by iTrucker at 21 Jun

Without standardization, blockchain can become a forgotten piece of code

“Dean Croke, the chief insights officer at FreightWaves, spoke at the Blockchain Europe Expo, elaborating on the inception of the Blockchain in Transport Alliance (BiTA), the factors that led to its creation, and the need for open and neutral data standards to enable widespread adoption of blockchain.” – According to the article in  freightwaves.com and its author Vishnu Rajamanickam

“For many years I drove trucks over long distances in Australia. During those times I spent hours, if not months, waiting for paperwork at the loading docks across most ports. Paper documentation is a major choke point for international trade,” said Croke. “Though my experience is from the 1970s, this is something that still happens today.” Croke pointed out that digitizing paperwork is key to channeling efficiency within supply chains. – Rajamanickam also wrote in the article

Read the full story HERE

Source and credits: freightwaves.comVishnu Rajamanickam, Staff Writer

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