Wipro Limited joined the Blockchain in Transport Alliance (BiTA) to guide the development of blockchain standards and guide the adoption of blockchains in the transport sector.
BiTA is an industrial group dedicated to defining blockchain standards for the freight transport industry. It was formed by experienced technology and transport professionals to create a forum for the development of blockchain standards and education for the freight transport industry.
The group provides a platform to develop and embrace common frameworks and standards using industry participants able to create innovative blockchain applications.
Wipro intends to use this platform to help blockchain standards independent of the platform for the logistics and transport industry.
Craig Fuller, Managing Director of BiTA, said: "We are thrilled to welcome Wipro to the BiTA family, our goal was to bring together leading companies in the field of freight technology that are interested in development of blockchain technology.
"We look forward to working closely with Wipro's blockchain experts to guide the adoption of corporate-scale blockchains for transport organizations. global, in particular in cases of use as traceability of the supply chain, commercial finance, origin, fraud detection and compliance management.
"Thanks to Wipro's strong dominance and technological expertise and to the focus on blockchain, we look forward to its support and contribution to define, design and develop the definition of blockchain standards for the transport industry."
Srini Pallia, President, The Consumer Business Unit, Wipro Limited, said: "Our membership in BiTA reflects our commitment to being an integral part of the blockchain-led transformation in the transport sector." We will work together with BiTA and our customers for adopt an approach based on the business use case and exploit the blockchain to solve complex problems of logistics and new-age transport.
"We are not looking forward to actively contributing to the standards for the use the blockchain in the transport and logistics sector and to work closely with our global customers to bring these standards to action in their blockchain journey. "