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Aries Worldwide Logistics, an international logistics provider based in Houston with over 34 years of experience, has announced that the company has joined the Blockchain in Transport Alliance (BiTA), an organization composed of logistics companies, transport and supply chain. BiTA aims to develop the best practices and standards accepted by the industry for blockchain technology in the freight transport sector.
Blockchain is a secure and distributed general accounting that uses cryptography to verify and record unmodifiable transactions across multiple parts. According to Morgan Stanley, "the revenue opportunity for the blockchain within the transport and transportation space could reach up to $ 500 billion" and will include industry elements such as brokerage of global trucks, freight forwarding, shopping of fuel for trucks and supply chain management software. "
"In Aries, we recognize the value of BiTA and are committed to technology and all it has to offer," said Jeff McIntyre, President and CEO of Aries Worldwide Logistics. "We are on the road to perfecting our customer experience and technology transport service."
McIntyre continued: "While it is still at the start of the hype cycle, blockchain technology is widely demanded for its potential to transform the way we do business through our digital relationships. a logical next step to ensure that Aries is at the head of the blockchain curve and new technologies.Aries wants to be part of the breakdown of the blockchain, so its customers may be the first to benefit from this revolution. "
"Blockchain can transform the supply chain by improving transparency and innovation," said Chris Burruss, President of BiTA. "On behalf of the members of BiTA, I welcome Aries Worldwide Logistics for the Alliance and its experience in logistics will help BiTA develop and implement blockchain standards." Burruss also said, "Blockchain technology has the potential to improve performance in the industry and improve the experience acquired by companies that use blockchain to their customers.The members of the Alliance are working together towards this important goal" .
About Aries Worldwide Logistics
Aries Worldwide Logistics is an international logistics provider based in Houston, Texas. With over 34 years of industry experience, Aries offers warehousing, packaging, packaging, brokerage services and road, rail, ocean and air transportation services worldwide. Aries' goal is to provide the highest standards of service and quality for our customers. Aries is committed to providing a personalized service on a global scale by putting customers first and helping them to optimize the supply chain.
For more information about Aries, visit www.ariesww.com or call +1 (888) 50-ARIES.
Information about Blockchain in Transport Alliance
Founded in August 2017, BiTA has become the largest commercial blockchain alliance in the world, with around 500 members collectively generating over $ 1 trillion in revenue each year. The members of the BiTA come mainly from the freight, transport, logistics and affiliation sectors. Alliance members share a common mission to develop a regulatory framework, educate the market on blockchain applications and encourage the use of such applications. The BiTA has offices in: Chattanooga, Tennessee (USA); Sydney, Australia (Asia-Pacific region) and London (European Region). For more information, visit the BiTA website at www.bita.studio/.
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