News / Hack-proof blockchain technology arrives – the paperless future for freight

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Never let it be said again that the freight industry is slow to adopt new technologies.

Just a few weeks after a senior consultant told The Loadstar that blockchain technology would not be used in logistics before 2018, a freight forwarder has announced its first deployment.

Marine Transport International (MTI) is using blockchain technology for sharing verified gross mass (VGM) information for the new container weighing rules, after working on the platform for the past 18 months.

But first: what is blockchain? Essentially, it is ...