One of the main advantages of blockchain in logistics is the ability to obtain a precise and reliable information about the product. Blockchain is a trustworthy and transparent register and it allows to keep the data about the origin and way of production of the goods. So, consequently, it means that blockchain guarantees its quality and reliability.


First of all, this is essential for food products. Would you like to know whether the meat that you buy is fresh and GM-less, the fruits are organic, the fish is not taken by poachers? All this information can be easily followed via blockchain.



So, the British start-up called Provenance controls the tuna fishing and logistics this way, guaranteeing the observance of ecological standards. The Walmart retail network utilizes blockchain to control the security of pork shipment in China. This occurred essential after the salmonellosis outbreak in 2006. At that time, it took the company about two weeks to find the source of outbreak.


Blockchain can be useful in other industries connected with service and trade. The EverLadger company utilizes the tech to confirm the source of origin in diamond trading. The Assetcha.in start-up improves the safekeeping of valuables with the help of blockchain. The Midasium company makes agreements for the residential leases in an expeditious manner.

Since 2016, Port Rotterdam, one of the largest trading ports in Europe, performs a testing of Blockchain logistics tech. Since 2017, Russian company Cargo.tech creates a logistics marketplace which will work as a blockchain-based platform. Such projects raise the transport industry to a new level of transparency. The blockchain mechanism covers all of the logistic chain — from paperwork till payment. It significantly changes the whole system of supplying and material support system, making it cheaper and more reliable.