What is the biggest possibility of logistics + blockchain?

January 19 00:33 2019
Traditional logistics is a capital-intensive industry with high cost, low profit, and difficult financing. The industry is welcoming the most brutal reshuffle. However, after the birth of blockchain technology, the logistics industry will bring a vast technological and industrial revolution.

Many people in the industry believe that whoever takes the lead in using the blockchain technology in the logistics industry can quickly take the lead and become the leader in the future.

At present, there is a professional blockchain technology team – OPT, which is based on the EOS underlying technology designed for the logistics industry application of the public chain, designed to build a data sharing, full traceability of the logistics ecosystem, to achieve really lower the price benefits of the ecosystem to end customers.

One-click application deployment

In fact, the logistics industry integrates information flow, transportation, warehousing and so on, spanning multiple steps and hundreds of locations. This makes the event tracking of the entire logistics chain more difficult, increases the difficulty of verifying the transport of goods, and challenges the response speed of unexpected situations.

The blockchain has the potential to solve these problems. In addition to providing a low-cost, high-efficiency operating tool, it eliminates unnecessary intermediaries, reduces workflow, provides traditional blockchain security, reduces errors, and prevents inappropriate illicit goods and other fraudulent activities. happened.

In order to help logistics companies to quickly deploy DAPP for one-click deployment, they quickly entered the blockchain era. OPT provides a one-stop solution for chain or currency change. It has developed a low-cost, fast data access solution and underlying database to provide standard SQA and API interfaces to the application layer. At the same time, the standardized DAPP development engine makes the application modular, open and compatible, and flexible to deploy.

OPT supports one-click rapid deployment of blockchain environment to set up blockchain application across enterprises. At present, the OPT public chain has been confirmed to support the diversification of the scene. For example, help logistics companies to complete the platform easy to chain, industry chain collaboration, real-time matching, product traceability, logistics monitoring and driver scheduling, full tracking, security and privacy, insurance business, supply chain finance.

These scenarios are aimed at the painful needs of the traditional logistics industry. For example, the blockchain has the characteristics of decentralization and data tampering. It can track the cargo owners, drivers, logistics behaviors and key information, and track and account for problems. The small logistics platform can be provided by OPT provided by OPT Ecology. Fill in the role of transportation agents, search and filter long-distance transportation across provinces, inter-city logistics, planning iterations between multiple drivers in the same city, and achieve real-time matching of industry chain collaboration; and use OPT related Dapp to get through all the processes of the logistics chain. And to achieve full tracking…

The head of the OPT team believes that the introduction of blockchain and smart contracts into the logistics industry can provide real-time cargo tracking, reduce workload and increase transparency, which may prompt small and medium-sized logistics companies to achieve cornering overtaking. In the future, OPT will gradually realize the deep landing and application of blockchain technology in the logistics industry, helping more upstream and downstream partners in the supply chain to complete the blockchain deployment and dynamic maintenance of their own nodes.

Media Contact
Company Name: Brink Asset PTE. LTD.
Contact Person: Jolly Wei
Email: Send Email
Country: China
Website: www.brinkasset.com