In our previous post, we discussed the history of blockchain and some of the benefits it has for the transportation and logistics industry. This is a continuation of the interview with a blockchain expert Martijn Siebrand, who talks more about the intersection of blockchain and logistics – more specifically, on how the technology is already being used in the industry, how it could be used in the future and what logistics companies need to do to get on board.
Since its first implementation with bitcoin back in 2008, blockchain has shown extreme promise to upend a number of industries – and most recently, the industry in the spotlight has been transport and logistics. In December, logistics leader UPS joined the Blockchain in Transport Alliance. In January, Maersk and IBM announced their intention to form a blockchain joint venture. And in February, Warren Buffet’s BNSF Railway joined the Blockchain in Transport Alliance as the first of seven major railroads to do so.
To understand more about this industry transition, Transmetrics’ Co-Founder and CCO Anna Shaposhnikova spoke with Martijn Siebrand, expert and advisor in blockchain technology in Supply Chains.
It is our pleasure to introduce to you Transmetrics’ latest Advisory Board member Nils Wemhoener, a former Senior Vice President Operations Overland for Kuehne + Nagel AG. Mr. Wemhoener is a Logistics and Supply Chain Management professional with an innovative mindset and over 15 years of T&L and Consultancy experience. In this interview conducted by Transmetrics’ Co-Founder and CCO Anna Shaposhnikova, Mr. Wemhoener talks about his industry experience and shares his views on innovation and digital transformation in the logistics sector as well as his motivation to join us at Transmetrics.
Logistics is behind every product in our world. Electronics, apparel, consumables – everything is being manufactured and moved around the globe in order to be delivered to the end customer. Logistics is a hidden power which stands behind the global economy, supports it and influences it in a lot of ways. However, this power is not unstoppable, because of such unpredictable events as the famous cyber attack on Maersk, which paralyzed global trade for several months. It did not stop consumers from purchasing more products though. With an increase of e-commerce volumes that will double by 2021, more and more goods are going to be shipped around the world. The question is – Can logistics actually predict the economy by using the historical data from the industry?
It’s an exciting time to be a part of the logistics industry. Innovation in the space has never been greater with new technologies like driverless trucks, artificial intelligence, delivery drones, smart infrastructures, collaborative platforms, and the industrial internet of things transforming the global logistics supply chain. Finally, an industry once criticized for being slow to embrace new ideas is getting recognized as the leading edge of how technology can solve real-world problems.
Today, we would like to share with you an interview which our Chief Commercial Officer – Anna Shaposhnikova had with one of the industry champions, Dirk Reich.
We are honored that Mr. Reich recently joined the Advisory Board of Transmetrics.