May 6, 2023
Luigi Colani Vought/VFW Augmented Eaglet concept, c. 1981.
Correction: Thanks to the Luigi Colani Design Museum for helping to identify the aircraft in the photo.
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Luigi Colani Vought/VFW Augmented Eaglet concept, c. 1981.
Correction: Thanks to the Luigi Colani Design Museum for helping to identify the aircraft in the photo.
Week 10: In the future, we do not need to pay delivery fee!!!
Applying blockchain technology to goods transportation Logistics - the field of goods transport currently accounts for a large part of the world's GDP, so the application of blockchain technology is more and more interested.
So now, how will the application of blockchain technology in the freight process help the transport industry save costs? What is blockchain technology? Let's learn about the blockchain saviour applied in the international transport industry through the following article:
1. What is blockchain technology? Blockchain technology is a distributed or easier-to-understand digital ledger than a database in a network. The ledger is shared among the people who join the network. This shows that in the entire system there is not only one single location, a single document can serve as a single authority, since duplicates of the same ledger version are located in many places. (Lem Thi Phen, 2020)
All these copies are updated when new data or transactions are written to the blockchain through the consensus of all participating. Miners are responsible for approving transactions and monitoring the network by solving sophisticated formulas with the help of a computer. It is a P2P peer-to-peer system, eliminating all intermediaries, enhancing security, transparency and stability as well as minimizing costs and human error.
By allowing digital information to be distributed but not copied, blockchain technology has created the backbone of many activities on the internet. human resource management industry
The fact is that the major oil producers, buyers and banks are all wanting to say goodbye to the sea waybill system because it takes a lot of paperwork to prepare, the transaction takes a lot of time and is easy and risk because the paper may be damaged and lost.
So how has Blockchain technology been used, especially in the international transport industry?
2. Significance of Blockchain technology application in transport Blockchain technology appears as a solution to help the shipping industry achieve 2 purposes: transparency and eliminate cumbersome paperwork. The first is the application of Blockchain technology to manage and track global freight movements, in a transparent and irreversible system; The second is the application of smart contracts to replace complex paperwork and speed up the transportation of goods.
3.Some examples of blockchain technology application in freight transportation
Maersk - IBM Cooperation Maersk, the world's largest shipping company, has officially partnered with giant IBM to launch a new Blockchain platform for application in the logistics industry. This is considered a revolution that can change the entire global freight transportation.
FedEx - BiTA cooperation Shipping and logistics conglomerate FedEx is moving to decentralized technology by implementing Blockchain solutions into its core processes. The group is partnering with Blockchain in Transport Alliance (BiTA) - a leading group of companies in water transport, transportation and logistics, to jointly develop and deploy Blockchain technology in everyday operations.
I drew this container ship battling the elements. I love the idea of working at sea.
The hydrogen-powered tractor-trailer combination is Hyundai's vision of the future of sustainable commercial transportation in America, and worldwide.
its called a gondola becuse when you are one it you are gone, dola!
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