BitNautic, an all-in-one hub for the global trade industry, has joined Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards related to blockchain in the transport / logistics / supply chain.
Blockchain can help companies in the transport, logistics and goods markets to digitally identify and track transactions, contracts and shipments as part of a distributed accounting system, making operations more transparent and reliable. Blockchain can help organizations improve customer experiences and create new revenue streams by improving fleet management and other areas.
BitNautic has an all-in-one solution for all operators in the sector, which allows couriers to book transport for their cargo, choosing and combining the best operators in terms of price, speed and reputation of the carrier, based on experiences of real users. The platform exploits the blockchain, allowing full supply chain transparency, secure digital data and documentation management, secure payments without the need for third party approval and much more.
"What does it mean to be a pioneer? It's all about courage, it's about entering an unexplored territory, there's no clear path in front of you, only your skills and knowledge to guide you to the unknown. "said Gulzar Bajwa, president of BitNautic. "You have to trace that path, we are facing the transport sector, an industry as old as Man, armed with the incredibly powerful technology that is blockchain, trying to lay the groundwork for the logistics of tomorrow." This is the mission of BitNautic , as well as that of our fellow members of the BiTA, who have warmly welcomed us for what is, by all means, a family of pioneers ".
Bajwa continued: "The complexity of this sector is unparalleled, with every shipment involving many stakeholders, paper documents and ownership changes, while this may be frightening for some, companies like BitNautic and organizations like BiTA can see untapped potential that the blockchain can unleash.The BiTA is working hard to develop standards that enable current and future initiatives to work together towards the common goal of making transport as transparent, efficient and sustainable as it can be. "
Oliver Haines, Vice President of BiTA-Europe, said: "On behalf of the BiTA members, I welcome BitNautic to the Alliance As an innovative start-up blockchain, BitNautic's solutions and expertise will help BiTA in its work to develop standard blockchain. "Haines continued:" In the supply chain, services like BitNautic add value and can help companies be more efficient. "
Founded in 2018 and based in Switzerland, BitNautic successfully completed its ICO reaching the Hard Cap, selling over 30 million BitNautic Tokens (BTNT), and is becoming one of the most influential companies in space, with an MVP already functioning online and accessible to all BitNautic customers.
BitNautic has a decentralized platform, based on Ethereum Blockchain, for the correspondence between supply and demand for shipping services, for all the stakeholders in the sector: shippers, charterers, carriers, importers and exporters. BitNautic has distinctive features such as a comprehensive document management system, real-time monitoring of ships and goods and a wholesale e-commerce platform.
Information about Blockchain in Transport Alliance
Founded in August 2017, BiTA has rapidly become the largest commercial blockchain alliance in the world, with nearly 500 members generating a total of 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 www.bita.studio/.