Echo Global Logistics Joins the Governance Board of Blockchain in Transport Alliance (BiTA)

▤ Summary

From smart contracts and freight payment to transparency and chain of custody, members of BiTA will address major issues in order to determine how the industry will adopt a standard blockchain framework.“We are committed to simplifying transportation management for our clients and carrier partners, and blockchain technology presents enormous opportunities to increase efficiency and transparency in our industry.”Chris Burruss, President at BiTA, said, “With Echo’s position as a leader and innovator in the transportation industry, it was a logical decision to extend an invitation to join us in developing our first standards for the revolutionary blockchain technology.BiTA’s goal is for members to participate, discuss, create, and adopt industry standard uses of blockchain applications and to provide clarity and direction for the development of blockchain technology in the transportation industry in a manner that will create efficiency, transparency, and foster trust.BiTA standards are intended to create a common framework to help organizations develop and adopt blockchain technology.

▦ Linked Companies

Echo Global Logistics

$500M to $1B