Lufthansa Is Using Blockchain To Improve Flight Booking – PSFK

By Zack Palm    October 13, 2017

The airline has partnered with Winding Tree to make it easier for travelers to book their flight and hotel in one place without having to go through third parties

German airline Lufthansa partners with Swiss startup company Winding Tree who created a blockchain platform. Lufthansa wants to explore using this technology to make traveling easier.

More at: Lufthansa Is Using Blockchain To Improve Flight Booking – PSFK

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Why the Trucking Industry is Embracing the Blockchain – Associations Now

By Ernie Smith    October 4, 2017

Blockchain technology, traditionally associated with cryptocurrency like bitcoin, has become a major focus of shipping logistics in recent months, with the newly formed Blockchain in Trucking Alliance leading the way.

Shipping and delivering freight—on time, with minimal hiccups—is not an easy endeavor. The logistical challenges are complex, especially because there’s so much of it.

Could the blockchain, with its secured ledger approach for verifying transactions and ensuring that a record is kept, help give the trucking industry the kick in the pants it needs?

The Blockchain in Trucking Alliance (BiTA), among others, hopes so. The new group, launched in August, hopes to both make the case for the blockchain as a fundamental tool for freight logistics and to create basic standards for the industry to follow. Thus far, the group has seen 160 companies apply—ranging from startups to major trucking firms.

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Air France KLM Experimenting Blockchain Use Cases for Aviation Industry – Cryptovest

By Michael Kimani    October 4, 2017

Air France KLM is using its MRO lab to evaluate potential use cases of blockchain in the aircraft maintenance. The engineering team views digital distributed ledgers as ideal for recording and managing parts on in-service planes. The group has held discussions with Microsoft and Ramco Aviation on future use cases of DLT for the airline industry in improving maintenance, processes, and workflows. The airline industry is eager to tap into the capabilities of blockchain technology for realistic use cases.

Blockchain initially underpinned cryptocurrencies, as a means of keeping track of ownership and transfer of digital assets. But mainstream industries appreciate the innovation of distributed ledgers. Lufthansa and Air France are leading the airline industry to adopt the technology.

According to Aviation Today, James Kornberg, director of innovation of the Air France KLM said his team was cutting through the hype to uncover real uses cases.

“The four features of blockchain are resilience, traceability, integrity, and disintermediation are well suited to the aviation supply chain. The use case has to be realistic.”

More at: Air France KLM Experimenting Blockchain Use Cases for Aviation Industry – Cryptovest

Deloitte tracks ship certificates using blockchain technology – Hellenic Shipping News Worldwide

In International Shipping News    October 4, 2017

Deloitte has implemented blockchain technology to help it track ship safety certificates across the world, reported CoinDesk.

The company partnered with DNV GL to implement a private, shared blockchain which aims to reduce the occurrence of fraud.

Traditional verification, safety, and environmental impact certificates for ships and offshore structures can be forged, and ensuring a given certificate is genuine can be a time-consuming process.

Deloitte’s solution creates a digital ID for each certificate on its private blockchain, removing the potential of fraud. Certificates are verified by scanning a QR code on the document.

The process is almost instantaneous and requires little overhead in terms of processing power.

The authentication system was deployed in September and there are currently 90,000 certificates stored on the blockchain.

Source: Deloitte tracks ship certificates using blockchain technology – Hellenic Shipping News Worldwide

Port authority and municipality of Rotterdam launch blockchain field lab – Container Management

The Municipality of Rotterdam and the Port of Rotterdam Authority are launching a field lab named BlockLab to develop solutions based on blockchain technology.

The aim of it is to allow users to conduct transactions without involving a third party. Data technology guarantees the necessary checks and balances and ensures that the transaction is processed automatically.

This makes it possible to structure large-scale networks, chains and markets without the need for a dominant, regulating party.

Blockchain allows users to set up a finely meshed decentralised power network, in which companies can trade residual heat and city dwellers can trade electricity. This gives new impetus to the energy transition in the port and the city.

Rotterdam’s deputy mayor for economic affairs Maarten Struijvenberg said: “There’s this huge buzz about ‘blockchain’, but actually, there aren’t that many fully functional applications.

“We’ll be changing this with BlockLab. This is important, because we need real innovations to launch the next economy. And blockchain can help us realise them.”

Port authority president and CEO Allard Castelein said that he is thinking of the “numerous applications that can be realised within logistics chains thanks to blockchain, allowing us to organise cargo flows more efficiently.”

More at: Port authority and municipality of Rotterdam launch blockchain field lab – Container Management

IBM Joins Automakers, Banks in Blockchain Wallet Project Expansion – CoinDesk

IBM has joined car manufacturer ZF Friedrichshafen and investment bank UBS in an effort to build and develop a blockchain-based mobile payment system for the automotive industry.

Announced today at the Frankfurt Auto Show, the partnership is being positioned as one that conceives how driverless vehicles might automatically authorize payments, as well as act as a digital operator for the vehicle, in the future.

“Car eWallet is an innovative, digital assistant in the car that allows secure and convenient payments even on the go. Moreoever, it can also perform other tasks, like opening the trunk or doors,” the companies said in a statement today.

According to the companies involved, using a blockchain will prevent the need for a third-party vendor or central computing hub to process transactions and commands. The distributed nature will instead allow for a “reliable and unchangeable data record.”

More at: IBM Joins Automakers, Banks in Blockchain Wallet Project Expansion – CoinDesk

HMM completes world’s first blockchain powered shipping voyage – CryptoCrimson

Hyundai Merchant Marine (HMM) has become the world’s first company to complete world’s first blockchain powered shipping voyage from South Korea’s port of Busan to China’s Qingdao.

The shipping giant used sensors in its containers that enabled it to receive real time monitoring and management information while also allowing it to use blockchain technology to instantly share information with multiple parties.

The entire voyage was powered by blockchain – from shipment booking to cargo delivery. HMM said in a statement that it reviewed the feasibility of adopting blockchain into shipping and logistics and also tested combining the blockchain technology with the Internet of Things (IoT) technology.

The pilot was undertaken as part of a consortium which includes the Korea Customs Service (KCS), Ministry of Maritime Affairs and Fisheries, the Korea Maritime Institute (KMI), Busan Port Authority, Hyundai Merchant Marine (HMM), Korea Marine Transport, IBM Korea and Samsung SDS, a member of the Ethereum Enterprise Alliance.

“Adopting blockchain technology in shipping & logistics industry will enable all involved parties to securely share all the information such as Certificate of Origin and customs clearance information, and will also reduce a tremendous amount of paperwork – such as inputting booking information and Bill of Lading – hence will improve work efficiency. Data will also be safer with stronger security through public-key cryptography,” the company says.

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