Tech and shipping giant Amazon has an application pending related to the use of blockchain to track inventory through a shipping network. Such a move is natural for a company which already boasts their own blockchain management service: Amazon Managed Blockchain. This service is currently used for smart contracts, inventory management, and for verification of the origin of goods in retail and shipping applications; however, Amazon has little in the way of freight-level Shipping Digital Asset Management. This most recent application, published in January of 2019, indicates the beginning of a movement into the blockchain technology for this space.
This sector analyzes the use of technology in the shipping industry. Opportunity exists for companies to use emerging technology to better utilize cargo space and connect that space to shippers who need it, all while reducing costs.
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This sector analyzes the use of technology in the shipping industry. Opportunity exists for companies to use emerging technology to better utilize cargo space and connect that space to shippers who need it, all while reducing costs.
