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Resolving the Blockchain Paradox in Transportation and Logistic

Resolving the Blockchain Paradox in Transportation and Logistic

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SUMMARY

This BCG online report reveals that investors are investing hugely in backing opportunities to create blockchain applications for the transportation and logistics sectors.

A study found that venture capital firms have invested since 2013 around $300 million in startup firms that offer blockchain solutions relevant to these industries.

The research includes plenty of examples of leading transportation and logistics companies that have started to examine ways to capture value from this technology. A notable example is that of the collaboration between Maersk and IBM which are together involved in TradeLens, a blockchain-enabled shipping solution created to boost security and efficiency in global trade. The solution aims at supporting information sharing and transparency throughout the value chain and promote innovation.

However, the document also shows that the majority of companies in the sectors have not examined yet the potential and options that blockchain technologies can bring to their sector.

The paper includes a graphic that shows the different use-cases of blockchain in transportation and logistics. It explains that this technology can offer plenty of solutions that stop data sharing and help to reduce costs across the supply chain.

 

OUTLINE

Methodology

Blockchain

Blocckchain in transportation and logistics

Challenges and solutions

DETAILS

Overview

Researchfinder Rating
5 out of 5 stars
Title
Resolving the Blockchain Paradox in Transportation and Logistic
Region
Global
Published
Jan. 3, 2019
Publisher
BCG
Author(s)
Andrew Schmahl, Sanjaya Mohottala, Kaj Burchardi, Camille Egloff, Jacqueline Govers, Ted Chan, and Markos Giakoumelos
Price
FREE
Language
ENGLISH

Content

Number of Pages
19
Number of Tables
0
Number of Exhibits
3
Topics
blockchain
Tags
BCG, blockchain, case studies, global, hybrid blockchains, internet of the things, iot, logistics, private blockchains, public blockchains, transportation, use cases
Companies mentioned
Maersk, IBM, Anheuser-Busch InBev, Accenture, APL, Koehne + Nagel, CMA CGM, COSCO Shipping Lines, Evergreen Marine, OOCL, Yang Ming; DP World, Hutchison Ports, PSA
Author(s)
Andrew Schmahl, Sanjaya Mohottala, Kaj Burchardi, Camille Egloff, Jacqueline Govers, Ted Chan, and Markos Giakoumelos
Methodology
This report is based on a survey with executives from over 100 transportation and logistics companies.
EVALUATION

What makes this online report on blockchain in transportation and logistics most valuable is the array examples of companies in the sector examining ways to capture value from blockchains.

  • Nice design
  • Key information is highlighted
  • Well-structured information
  • Great graphs
  • Great data
  • Good use-cases
  • Interesting examples
  • Understandable writing style

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