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Briefing
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- YRC Worldwide Inc. – Company joined BiTA to help lead, develop and promote benchmark standards for next-generation blockchain applications in global supply chain management
- Blockchain Standards – Will build first set of blockchain standards specifically in transportation industry by engaging most influential leaders in transportation, finance and technology
- Blockchain Applications – BiTA recognizes efficiency in secure blockchain technology that can advanced transportation and logistics industry, such as smart contracts, financial service-level agreements, insurance structures, network switching and real-time tracking for end-to-end visibility
- Expected Outcome – YRC Worldwide sees alliance as strategic in increasing transparency for customers and improving their supply chain efficiencies, as well as opportunity to usher technological revolution in standardized way that will benefit entire transportation industry
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