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Transflo Joins Blockchain in Trucking Alliance
Telematics provider Transflo joined the Blockchain in Trucking Alliance to develop technology standards, promote educational efforts and implement blockchain capabilities in the trucking and freight shipment industry.
鈥淪oftware and technology continue to accelerate change across the transportation sector,鈥 Transflo CEO Frank Adelman said in a statement. 鈥淲ith the right standards and industry support, blockchain may dramatically improve data quality and transform the way the industry does business.鈥
The consortium expects to tackle initiatives that encourage the use of blockchain applications that improve contract management, shipment optimization and record keeping, according to Tampa, Fla.-based Transflo, which is a unit of Pegasus TransTech.