Today’s supply chain and intermodal transportation are inherently complex- many lacking transparency due to lack of interoperability and inconsistent or unavailable data – areas where blockchain can counter these inefficiencies and add new value. Blockchain has the potential to become the universal supply chain operating system – increasing security, improving transparency and creating scalability.
UCC, with an undisclosed customer, is presently implementing a pilot project, incorporating this new business model. Applying low-data rate point-to-point-satellite communication integrating in-vehicle or in-store radio communication for tracking , tracing and product identification through RFID or QR code scanning.
With point to point satellite or 5G network communication and distributed data, it would eliminate inefficiencies and align all areas from manufacturer to customer door to door delivery. Increasing automation of commercial processes in logistics eliminating an entire layer of logistic complexities.