Three ways IoT is shifting the future of transportation

Disruption is driving digital transformation of supply chains more rapidly than ever before, and is critical to remaining competitive. However, businesses of all sizes face many challenges when it comes to transforming their supply and value chain operations.

In under 30 minutes, our President at Ascent Global Logistics explains what digitization is and how new technologies are transforming the logistics industry.

How do the world’s top supply chains see further and act faster? Many of them are gaining an understanding of how their supply chain flows are tied to outcomes to stay ahead of problems, and gain whole new efficiencies.

You might have heard of something called Bitcoin, a digital currency enabled by blockchain technology. But what the heck is blockchain exactly? How does it work? Why should you care? Blockchain is a novel digital information technology that is expected to revolutionize the way transactional data is recorded and stored. And according to the Institute for the Future, blockchain will reinvent how business transactions happen and potentially disrupt all parts of the supply chain and logistics in every sector over the next decade. After we introduce the blockchain technology, smart contracts and an explanation about the difference between “public” and “enterprise” blockchain, some real-life examples of the most important blockchain based projects in transport, logistic and supply chain manangement will be shared.