Railinc joins Blockchain in Transport Alliance
Railinc, a subsidiary of the Association of American Railroads, has joined the Blockchain in Transport Alliance (BiTA), a consortium of more than 250 transport and logistics companies that is creating a forum for the development of blockchain technology standards and education for the freight industry.
“Blockchain presents interesting opportunities for the railfreight industry,” said Railinc president and CEO Allen West. “We’re excited to identify ways to add value to our industry as part of this innovative, forward-thinking group working to advance blockchain technology and its transportation and logistics applications.”
BiTA was formed in 2017 by tech and transport executives with the goal of bringing together companies in the freight technology industries that have a vested interest in the development of blockchain technology. (mw)