Company FedEx has officially joined the Blockchain in Transport Alliance (BiTA). FedEx is known as one of the largest logistics company in the world. Idea is to adapt blockchain and blockchain based solutions for their everyday operations. They got a few different ideas, how they are looking to integrate these technologies.
One of the plans are that FedEx wants to use blockchain for tracking of packages in the logistics industry. Early before pick-ups and after drop-offs, packages would be already available in tracking system. This data would be transparent and would let customers track their packages in more efficient and quicker way.
Another problem in the logistics industry is dispute resolution, and they are looking for a ways to implement blockchain to help it. Use of the blockchain is planned to be as a public data repository. This will ease dispute resolution between customers sending and receiving goods. The solution of this, ensures a more transparent process of dispute resolution and create ease of access for that data.