5 Blockchain Projects Applied In Logistic Industry

Despite being a new technology, blockchain has been applied in various fields, including logistics. Here are 5 blockchain projects applied in the logistics industry that have been implemented and highly appreciated by many experts, predicting projects to continue to develop and grow in the future.

Blockchain application in the logistics industry - VeChain

VeChain is a blockchain platform designed to manage and track the origin of products from production to consumers. VeChain was founded in 2015 and uses blockchain technology to store product information, including information on origin, quality, transportation, and storage. With VeChain, users can track their products across the entire supply chain, ensuring the accuracy and reliability of product information.

In particular, VeChain also uses RFID (Radio-frequency identification) and NFC (Near field communication) technology to collect product data and store it on the blockchain. The information stored on the blockchain is encrypted and secured with advanced encryption algorithms, helping to ensure the security of the information.

With VeChain, customers can easily check the authenticity and origin of their products, ensuring that they are not tampered with or fraudulent. In addition, VeChain also provides services related to supply chain management and enhances transparency in the manufacturing and shipping industry.

Blockchain application in the logistics industry - Waltonchain Waltonchain is a blockchain project founded in 2016 and developed by a team of experts from China. Waltonchain's goal is to provide an intelligent supply chain management solution that ensures accuracy and transparency in goods production and transportation activities.

Waltonchain's blockchain platform is designed to integrate with IoT (Internet of Things) devices, allowing information to be collected from IoT devices and stored on the blockchain. Product information, including information on origin, quality, transportation, and storage, is stored on the Waltonchain blockchain, ensuring accuracy and transparency in supply chain management.

A special feature of Waltonchain is the integration of blockchain technology and IoT, making it easier to collect product data and ensure the accuracy of information. In addition, Waltonchain also uses the Proof of Stake and Trust (PoST) algorithm to ensure the safety and security of the system.

Waltonchain also provides intelligent supply chain management solutions for businesses, including technologies such as data analytics, warehouse management, production management, transportation management, and product preservation management. These solutions help businesses manage and track their products across the entire supply chain, ensuring the accuracy and transparency of product information.

Blockchain application in the logistics industry - ShipChain

ShipChain is a blockchain platform for order management and freight founded in 2017 in the US. ShipChain's goal is to improve the shipping process by using blockchain technology and new technologies such as IoT, artificial intelligence, and machine learning.

ShipChain uses blockchain to create a safe, transparent, and efficient shipping and order management system. Blockchain allows supply chain stakeholders, including manufacturers, shipping companies, warehouses, and end customers, to track information about goods from being packaged until it is delivered to the recipient. Cargo information, including location, status, and cargo protection information, is stored on the blockchain, ensuring transparency and safety.

In addition, ShipChain uses new technologies such as IoT, artificial intelligence, and machine learning to monitor and analyze freight data, helping manufacturers and shipping companies optimize the shipping process, reducing costs and increasing efficiency.

ShipChain also offers a mobile application for end-users, allowing them to track the status of their shipments. The application also allows users to rate the service quality of the shipping companies and make comments about their experience, helping to improve the service quality of the shipping companies.

Blockchain application in the logistics industry - Provenance

Provenance is a blockchain platform that allows tracking the origin of products from production to sale. Founded in the UK in 2013, Provenance has grown into one of the most famous supply chain management blockchain projects.

Provenance enables manufacturers, retailers, and end consumers to track product information, including origin, quality, and production history. This information is stored on the blockchain, ensuring accuracy and transparency, and reducing the risk of counterfeiting. Product information can be tracked by scanning the QR code on the product or by entering the product number on the Provenance website.

Moreover, Provenance allows users to rate and give opinions on products, helping manufacturers and retailers improve product quality. It also offers a mobile application that allows users to track product information from production to sale, increasing transparency and reliability.

Provenance has been applied in many fields, from food and clothing to other products, such as jewelry and furniture. It has also been applied in research and development projects to improve supply chains and help businesses enhance the quality of their products.

Blockchain application in the logistics industry - OriginTrail

OriginTrail enables businesses to track product information from production to sale, including origin, quality, production, and shipping history. This information is stored on the blockchain, ensuring transparency and safety in information management.

OriginTrail uses an open supply chain protocol to connect businesses in the supply chain and ensure linkage between product information. The platform also uses IoT technology to collect information about products, helping to ensure the accuracy of information.

In addition, OriginTrail allows businesses to create smart contracts to manage business operations related to shipping and product management. These smart contracts are stored on the blockchain and executed automatically, increasing efficiency and minimizing risk.

Blockchain application in the logistics industry - Waltonchain

Waltonchain is a blockchain project founded in 2016 and developed by a team of experts from China. The goal of Waltonchain is to provide an intelligent supply chain management solution that ensures accuracy and transparency in goods production and transportation activities.

The blockchain platform of Waltonchain is designed to integrate with IoT (Internet of Things) devices, which allows information to be collected from these devices and stored on the blockchain. Information about the products, such as their origin, quality, transportation, and storage, is stored on the Waltonchain blockchain, ensuring accuracy and transparency in supply chain management.

One of the unique features of Waltonchain is the integration of blockchain technology and IoT, which makes it easier to collect product data and ensure the accuracy of the information. Additionally, Waltonchain uses the Proof of Stake and Trust (PoST) algorithm to ensure the safety and security of the system.

Waltonchain also offers intelligent supply chain management solutions for businesses, including technologies such as data analytics, inventory management, and product management, among others.