Blockchain is still a relatively new type of technology. It is expected to see major growth from 2021 to 2025 and to reach maturity in 2026 and beyond.
According to DHL Trend Research, blockchain can be defined as a distributed ledger technology that can record transactions between parties in a secure and permanent way. Blockchain allows information to be verified and exchanged without relying on a third-party authority.
Blockchain in real life: why, how what?
Blockchain has applications in areas as diverse as healthcare, music, food systems, birth wedding and death certificates, personal identification, supply chains or finances.
In logistics for instance, data sharing across the supply chain could enable higher levels of transparency and access among relevant supply chain stakeholders. Furthermore, it can achieve cost savings by powering more automated and error-free processes and foster innovation in logistics services.
Efficiency and transparency in transports
Blockchain could represent an huge opportunity in the transportation industry. Indeed it could increase the efficiency and transparency of the entire shipping process including matching shippers with carriers more easily, streamlining payments, reducing the number of intermediaries and more.
In this context, region Örebro joined the consortium of the EU-funded project Smartlog, which aims at optimizing logistics management and services along the EU transport corridors ScanMed and North Sea-Baltic. Their goal is improved solutions regarding transportation, warehousing, cross-docking, inventory management, packaging and freight forwarding.
More information here.
Policy learning around blockchain at AER working group on Transports and Mobility meeting
The AER working group on Transports and Mobility, which is chaired by Martin Tollén, member of the Transport and Urban Planning Committee of Östergötland (SE), will meet on March 28th, on the occasion of the 2019 Spring Committee Plenaries in Örebro. Members will exchange experiences on innovative technologies, and new mobilities with a focus this time on Open data in public transports and blockchain.
Robert Högberg, Smartlog project coordinator for the Swedish project partner Region Örebro County, will present the experience of the Region and share about the new challenges. Participants will discuss experiences in order to bring back new ideas back home for policy making and identify opportunities for joint initiatives.
Photo by Denys Nevozhai on Unsplash