We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
Home » SAP joins Blockchain in Trucking Alliance
newsworthy

SAP joins Blockchain in Trucking Alliance

November 15, 2017
DC Velocity Staff
No Comments

German software giant SAP SE said it has joined the "Blockchain in Trucking Alliance" (BiTA), an industry group created to guide the development of blockchain-based data-security software in the transportation industry.

SAP will work with other BiTA members to develop blockchain standards and education for the North American freight and transportation management market, the company said. Supporters of blockchain technology say it offers a reliable, difficult-to-hack record of transactions and proof of ownership. The system uses distributed ledger technology to securely record information across a peer-to-peer network, including assets such as land titles, loans, identities, logistics manifests, and nearly anything of value.

Membership in BiTA is SAP's latest effort to use its business heft to build market share in the logistics sector. It said in 2016 that it would invest $2.2 billion over five years to develop Internet of Things (IoT) capabilities for applications in supply chain, logistics, and manufacturing. The firm added a global track and trace offering in July to its "Leonardo" IoT platform designed to support shipment monitoring and reporting across supply chain networks.

Walldorf, Germany-based SAP also said this week that it had joined Spain's Alastria Consortium, a group that is working to strengthen Europe's blockchain network by uniting banks, telecom providers, energy companies, universities, smart-city organizations, and developers.

In addition to joining the two industry groups, SAP is working to develop blockchain applications by enlisting partners in its own blockchain co-innovation initiative, which includes companies from the logistics, retail, and consumer products industries as well as the telecom, pharmaceuticals, agriculture, high-tech, aerospace and defense, industrial machinery, energy and utilities, and public services sectors.

SAP said it would work with its partners on blockchain initiatives in the company's programs including: asset intelligence network, distributed manufacturing and three-dimensional (3D) printing network, transportation management system (TMS), global track and trace, and advanced track and trace for pharmaceuticals.

Technology
KEYWORDS Blockchain in Transport Alliance (BiTA) SAP
  • Related Articles

    Breakthrough®Fuel Joins BlockChain in Trucking Alliance

    Purolator joins Blockchain in Transport Alliance

    Omnichain Solutions Joins Fellow Supply Chain Leaders in the Blockchain in Transport Alliance

  • Related Events

    Digital Transformation in Supply Chain & Logistics

Recent Articles by DC Velocity Staff

ATA cheers court ruling upholding looser hours of service caps

Carry (or at least measure) that weight

December cargo volume up in Houston, Oakland

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Cold chain giant Lineage Logistics buys its own rail operator

  • For container lines and ports, what a difference a year makes

  • Outlook 2021: What’s in store for logistics supply chain?

  • Capacity challenges will continue in 2021

  • Shippers brace for tight capacity trend to continue in 2021

Now Playing on DCV-TV

2mw 01 11 21 thumb

Ocean Sector Shaping the Next Shipageddon

DCV-TV 4: Viewer Contributed
If you're a shipper, it's never good when a rep for an ocean carrier tells you, "You better sit down before you read this." We've been seeing astoundingly high increases in the ocean sector and they seem to have staying power. While the ocean carriers used blank sailings last year to tip the balance of supply and...

FEATURED WHITE PAPERS

  • Proven Benefits: A Compendium of Slotting Optimization Success Snapshots

  • Bridging Information Gaps in Dock and Yard Operations

  • How Intelligent Sensor Solutions Turn Data Into Action

  • Order picking Solutions: Understanding Your Options

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2021. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing