Rapid-Fire Pitch: Trimble presents the Blockchain solution, demonstrates smart contracts


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Trimble Transportation offers a suite of transport management software and telematic solutions for the transport industry. Trimble has acquired transportation technology companies, including TMW and 10-4, in an attempt to build a universal transport exchange since 2011.

Trimble introduced a blockchain solution based on Hyperledger Fabric and demonstrated smart-contract prototypes at the MartWaves18 in Dallas for a group of transportation, technology, and finance managers.

"An intelligent contract is like a micro-application that works on a network: everyone is familiar with the Apple App Store or the Google Play Store.When you go in, you have millions and millions of applications. , said Trimble's Vice President for Architecture and Business Strategy, Vasanth Srinivasan. "This is a bit of the same concept here: you have a blockchain network and then you can implement more smart contracts."

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Srinivasan said that people in the transport space are often asked how a blockchain-based solution is different from a traditional TMS system. The only real difference is that the activities completed in the work cycle are recorded on the blockchain register.

He said the concept is that in the end there will be thousands of applications, so people can choose and decide which ones could work together.

"In a blockchain, you're not alone, you're actually working with other parts, so if there's a question about where a transaction comes from, [the system] I can tell you where this information comes from, "said Srinivasan." In agriculture, it is very common for you to know where a shipment originates, how it is processed and how it is actually sent to the final destination. So, this is a place where you can get in, look at all the transactions and really see the whole workflow. "

Srinivasan estimated that the final iteration of the project, which allows people to access and integrate thousands of applications, is between five and ten years.

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