Freight transport is also turning to blockchain technology. UPS, FedEx, BNSF Railway and Schneider Trucking are one of the 200+ big names in an alliance exploring blockchain technologies in freight transport.
The main aim of the consortium is to bring together companies in the freight industry and create a standards framework while testing out blockchain applications.
BiTA, Blockchain in Transport Alliance organization, has an eye on providing educational resources and help to fright transport companies that are interested in leading the evolution of the industry with the use of blockchain technology.