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Follow on Google News | Purolator joins alliance to shape blockchain standards for transportation industryAs e-commerce and digitalization continue to impact the courier and logistics industry, Purolator will help develop standards to apply blockchain disruptive technology to this ever-changing market
By: Purolator "Blockchain" "The shipping and logistics industry will continue to change at an incredibly fast pace, and as a leader in the Canadian market, Purolator wants to help shape its future," said Ricardo Costa, Vice President and Chief Information Officer, Purolator. "The applications for blockchain are endless and will provide the shipping and logistics industry with never-seen-before benefits. This is because the technology enables complete end-to-end visibility into the entire life cycle of a shipment transaction and all its connected parts. For example, vendor management, loss prevention and security, and billing and payments are just some of the transportation areas that blockchain can be applied to." Purolator is looking deeper into ways of using blockchain to support the company's focus on providing an exceptional customer experience. These include improved shipment visibility, agility and tracking, and delivery speed, as well as opportunities to globalize products and services. "Recognized for its shipping systems and integrated solutions, Purolator will be a critical player in developing common blockchain standards for the freight industry," said Chris Burruss, President of BiTA. "Purolator will also play an important role in educating the industry about blockchain technologies and applications." BiTA was formed by experienced tech and transportation executives to create a forum for the development of blockchain standards and education for the freight industry. All companies within BiTA share a unified mission of developing a standards framework, educating the market on blockchain applications and encouraging the use of technology applications through exemplary implementation. About Purolator Purolator Inc. is a leading integrated freight, package and logistics solutions provider in Canada. Celebrating over 50 years of delivering its customers' promises, Purolator continues to expand its reach and renowned service levels and reliability to more people, more businesses and more places across the country and around the world. Purolator is proud of its Canadian heritage and is focused on sustainably positioning itself for future growth and success. Purolator is also committed to contributing to the well-being of the communities it serves and where more than 10,000 of its employees live, work and play. For more information, visit purolator.com. Join the conversation: Website: purolator.com (http://www.purolator.com/ Facebook: facebook.com/ Twitter: @PurolatorInc (http://www.twitter.com/ Instagram: @PurolatorInc (http://www.instagram.com/ End
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