Supply Chain

Canadian Pacific joins Blockchain in Transport Alliance

(c)iStock.com/vdvtut

Canadian Pacific Railway, also known as CP Rail, has joined the Blockchain in Transport Alliance (BiTA).

BiTA comprises nearly 500 members from different industries, including freight, transportation, logistics, and affiliated industries. The alliance, which is focused on education, advocacy, networking, and commercial outcomes around blockchain and other emerging technologies, is dedicated to overcoming geographic, language and cultural hurdles to allow a seamless and smooth-running commerce.

Patrick Duffy, president of BiTA, said: “The alliance is pleased to have CP’s expertise and support as our organisation navigates this exciting new digital frontier. Blockchain has the potential to smooth the transactions that occur between shippers and carriers, but it requires the active participation of transportation leaders like CP.”

Last May, as this publication reported, Indian IT firm HCL Technologies joined BiTA, becoming a new member alongside Daimler, FedEx and SAP. HCL, which offers a blockchain application platform called ‘CoTrust’, at that time, had said that it will “bring its deep expertise in digital technologies to the alliance and help develop blockchain-based solutions for the industry.”

In the same month, the Mediterranean island of Malta – as part of its blockchain strategy – launched a project in collaboration with blockchain middleware platform provider Omnitude to help the country’s public transport infrastructure. A release from the government’s Malta Information Technology Agency in October said that the country is ‘aspiring to be at the forefront in regulating the blockchain sector so that it can repeat its success in the gaming sector.’

Interested in hearing more in person? Find out more at the Blockchain Expo World Series, Global, Europe and North America.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top

We are using cookies on our website

We use cookies to personalise content and ads, to provide social media features, and to analyse our traffic. Please confirm if you accept our tracking cookies. You are free to decline the tracking so you can continue to visit our website without any data sent to third-party services. All personal data can be deleted by visiting the Contact Us > Privacy Tools area of the website.