News / Easy does it – 'baby steps' the best way to move towards blockchain in logistics

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Logistics operators should take “a more protracted approach” to introducing blockchain technology, with development of rules paramount.

Speaking at Intermodal Europe in Rotterdam,Viswanthan Raghavendra, CEO of FreightBro, said the technology was “absolutely vital”, but more time was required.

“Blockchain is definitely something we need to stay and have a place within the logistics sector,” he said, “but it must be brought in in baby steps.

“It is a system built on trust and it takes time for people and businesses to develop the levels of trust ...