Blockchain database for ULD tracking just one idea at Jettainer’s Think-A-Thon

posted on 22nd May 2018 by Justin Burns
Blockchain database for ULD tracking just one idea at Jettainer’s Think-A-Thon

Jettainer’s three-day Think-A-Thon at last week’s transport logistic China has been declared a success and an idea was born to develop a blockchain-enabled database for ULD tracking.

In order to use this technology for logistics in the future, around 25 logistics students from Shanghai’s Tongji University were looking for new applications in global supply chains under the guidance of Jettainer in Shanghai from 16-18 May.

The groups then pitched their creative ideas to the industry on the last day of the fair and this included the blockchain database for ULD tracking.

Jettainer said the blockchain-compatible database for ULD tracking would have the advantage that information from airlines, ground handlers and forwarders would be stored in one place and be easily accessible to all parties in the supply chain.

This would make it possible to react quickly in the event of damages, but also to avoid future damage by means of analyses.

Another idea was to integrate digital contracts into blockchain, which are forgery-proof and individually adapted to the respective customer needs. This is intended to simplify the acquisition of small customers, as marginal costs are reduced on the one hand and transparency between the contracting parties is created on the other.

Jettainer managing director, Carsten Hernig said: “With the Think-A-Thon we have taken a new path and it has paid off. The cooperation with the students has been excellent and so many creative ideas for blockchain applications in worldwide supply chains have emerged. We will now evaluate them one by one in order to further develop the topic in our company.”