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『一』Blockchain + Logistics =
Blockchain + Logistics =? Take a look at what UPS, Maersk, and IBM are doing
At the beginning of 2018, what will be the most popular? Blockchain is undoubtedly one of them. What innovations will such technology bring to the logistics industry? What explorations have foreign colleagues made? This article by Teacher Zeng has been comprehensively summarized and I believe it will bring some inspiration to Chinese colleagues.
2017.2.21: IBM officially releases logistics and transportation solutions
On June 21, 2017, IBM and AOS - a Colombian company that specializes in providing logistics solutions - announced together that they are collaborating to develop a Solution, built on Blockchain and Watson IoT on IBM Cloud, to increase efficiency in the logistics and transportation industry across the country.
Blockchain serves as an immutable ledger that records transactions between business (Transaction) network members. Within the supply chain, this provides all permitted members with visibility into the exchange of information throughout the entire transportation cycle, thereby increasing data and transaction transparency.
Traditionally, supply chain transactions are done manually, with a higher risk of recording errors and delays, which can lead to discrepancies between what is recorded and what is actually loaded. By digitizing this process using blockchain and IoT, relevant information is obtained directly from sensors placed on the truck and then enters the blockchain, creating a single shared repository that is accessible to all authorized participants to participate. The parties can only reach a consensus.
With this solution, as soon as the truck leaves the distribution point, an automated message is sent to the customer informing them about the load, weight and estimated time of arrival. If part of a delivery is returned, an invoice can be automatically issued based on the actual goods delivered. Furthermore, through sensors located on the trucks, using IoT and blockchain, an information repository is generated that tracks all interactions made by each truck and its respective load from the distribution point to the end customer. , parking and trading. Increased transparency can help increase the separation of responsibilities and liabilities between shippers and their customers, facilitating the flow of business.
For AOS, this project is very important for the entire country’s logistics industry. "The proper handling and use of transaction and exchange information related to goods is key for the logistics and transportation industry, so our main goal with this solution is to provide transparency and security throughout the entire transportation cycle", Ricardo Buitrago, AOS Innovations The head of the department said, "The solution is now available as a functional prototype on the IBM Cloud.totype), suitable for companies in the logistics, supply chain and transportation industries throughout Colombia", adds Buitrago.
The solution also integrates Watson IoT and is designed to monitor what is happening with trucks. For example, the solution captures Loading and unloading conditions to define available truck capacity, and which bin and which driver can take the load; and this data is also correlated with external information such as weather, humidity, temperature and driver data to estimate delivery times to customers.< br />"One of the biggest challenges facing the logistics and transportation industry is protecting their assets and goods, which is why implementing this blockchain and IoT solution in the Cloud is a way for all parties to access critical data on demand , and the opportunity to make smarter decisions for the benefit of the business," said Jorge Vergara, CTO of IBM Colombia.
In the future, the solution is expected to include new capabilities such as electronic seals for land cargo control and monitoring Mechanism.
2017.11.7: UPS joins the Blockchain Freight Alliance
In addition to IBM, some logistics giants are also exploring this field. Relevant people said that blockchain should be able to improve transaction efficiency in the logistics industry And reduce payment disputes. Self-driving cars and Amazon are still hot buzzwords in the shipping industry today, but they may soon give way to blockchain.
At the end of 2017, United Parcel Service (UPS) announced has joined the Blockchain Trucking Alliance (BiTA) and is carefully studying the platform’s offerings.
"This technology has the potential to improve shippers, carriers, brokers, consumers, suppliers and other supply chain stakeholders," Linda Weakland, director of corporate architecture and innovation at UPS, said in a statement.
However, UPS's move does not come as a surprise to investment group Stifel. Stifel analysts John Larkin wrote in a report on October 29: "We believe that blockchain will be integrated with the vehicle pricing futures market, assisted by data analysis, and artificial intelligence-assisted real-time matching of loaded and empty loads.
Larkin said the three companies will "invest enough in technology to drive industry consolidation around these core transformational technologies - UPS, C.H. Robinson Worldwide and XPO Logistics."
Larkin said: "The theory goes , blockchain-enabled supply chain participants will be able to process transactions faster and more securely, reduce errors, and reduce the human costs involved in the entire process. "
Stifel said consumers could benefit from widespread adoption of blockchain technology across the logistics industryBenefit from surgery. Larkin writes that products will arrive cheaper, faster and more accurately thanks to blockchain. If the technology is implemented as theoretically possible, even software providers, data providers and trailer rental companies could see greater value from day-to-day operations.
However, "there are several organizations or departments that could be completely or partially revolutionized by the introduction of blockchain into the trucking business," Larkin said.
"Potential losers are those who choose not to adhere to BiTA's industry standard protocols, or choose to operate without transparency," Larkin said.
Overall, Stifel said, "Blockchain should improve transaction efficiency and reduce payment disputes, but it is still years away."
2018.1.16: IBM and Maersk plan to create a new blockchain Companies
IBM and Danish shipping giant Maersk are joining forces to form a new company with the goal of commercializing blockchain technology - the stylish shared ledger derived from the cryptocurrency Bitcoin.
An anonymous New York venture capital firm stated that Maersk owns 51% of the new joint venture and IBM owns 49%. The company aims to help shippers, ports, customs, banks and other stakeholders in global supply chains track shipments and replace related paperwork with tamper-proof digital records.
IBM and Maersk conducted their first blockchain trial in the summer of 2016. Michael J. White, CEO of the new company, said the pilot, which tracked a shipment of flowers from Mombasa, Kenya, to Rotterdam, the Netherlands, and other tracking demonstrated the potential of the Maersk system.
Since then, the two companies have collaborated on testing with Dupont, Dow Chemical, Swiss food processor Tetra Pak, and various ports and customs offices. Other companies, such as General Motors and Procter & Gamble, are exploring how to use the technology to streamline record-keeping in their supply chains.
"We saw an opportunity to improve the efficiency and timeliness of freight movement," White told Fortune. Previously, White served as president of North America for Maersk Line, the container shipping arm of Maersk.
"Even small-scale improvements can have a significant impact on global trade," said Marie Wieck, general manager of IBM's blockchain team.
Currently, Wieck said, many shipping supply chains are bogged down in paperwork and administrative communications between a large number of middlemen. Lost or delayed documentation that causes damage to perishable goods can end up costing up to a fifth of the total cost of shipping.
According to a 2013 World Economic Forum study, reducing trust in international tradeFrictions over information sharing and border management "could increase gross domestic product by almost 5% and increase transaction volume by 15%" - a figure that could reach trillions of dollars.
IBM and Maersk see the adoption of blockchain as a way to achieve this improvement. They believe that by providing a single view of all transactions taking place in a complex network of parties, blockchain can help eliminate considerable waste of resources.
The chairman of the new joint venture said in a statement, "The potential to provide a neutral, open digital platform for exchanging information in a secure and convenient way is huge and will benefit all participants across the supply chain. Benefit.
Bill Fearnley Jr, director of blockchain strategy research at market research firm IDC, said: "Supply chain is a very hot topic right now and it's only going to accelerate from here." He noted that the new IBM and Maersk company will Has a competitive advantage over smaller blockchain startups competing for the same market because of the established business relationships between the companies behind it.
IBM and Maersk’s technology is built on Hyperledger, the blockchain first developed by IBM The chain is now maintained by the Hyperledger team of Linux F.
IBM has cooperated with companies such as Walmart (WALMART), Nestle (NESTLE), Unilever (UNILEVER), and other companies to use blockchain in the fields of food safety and supply chain respectively. technology. The company is also working on pilots in finance, healthcare and other industries.
Like Microsoft (MICROSOFT), EY (EY) and others, Maersk has also conducted separate blockchain trials with marine insurance companies .
White said he expects the joint Maersk-IBM startup to receive regulatory approval this spring and start selling software in the third quarter of this year, while the new company is organizing a consultation with industry and government officials. committee to help guide its development.
『二』Want to know what ups refers to
ups refers to UPS Express, UPS (United Parcel Service, Inc. United Parcel Service, Inc. ) was founded in 1907 and is headquartered in Atlanta, Georgia, USA. It is the world's leading logistics company, providing parcel and cargo transportation, international trade facilitation, advanced technology deployment and other solutions aimed at improving the efficiency of global business management. program. UPS business network is spread over more than 220 countries and regions around the world, with 495,000 employees. In 2019, UPS revenue reached US$74 billion.
ups global Logistics Network
With a strong logistics network covering more than 220 countries and regions, UPS is always upgrading its global wisdom in the ever-changing business environment.The logistics network supports the development of our customers and ourselves. As a promoter of global trade, UPS has a highly integrated global service transportation network, a three-dimensional comprehensive communication network system that supports a variety of different transportation modes, and can realize "seamless connection" between sea-to-sea, land and air multimodal transportation. Operations can help customers' shipments reach the global market.
『三』 What is UPS Express?
UPS is UPS Express (American Express Company).
UPS United Parcel Service:
UPS was founded on: August 28, 1907, in Seattle, Washington.
Global Headquarters: Atlanta, California, USA
Nearly 400,000 employees worldwide and 600 aircraft in operation. Services reach more than 200 countries around the world. Diversified international logistics transportation such as parcel delivery. There is always one that suits the customer, and we can even tailor a service plan for the customer.