News / Kerry Logistics keeps faith with 'overhyped' blockchain technology

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Kerry Logistics is hoping to boost efficiency and improve the traceability of shipping documents via a new blockchain platform.

Together with partners CargoSmart and Deloitte, Kerry conducted proof-of-concept on the system in December, which is aimed at improving interoperability between carriers and forwarders and is compatible with different distributed ledger technology (DLT) and multiple cloud networks.

However, there is increasing scrutiny and questions being raised on blockchain’s true value to supply chains.

A survey conducted last year by Deloitte itself found that 39% of ...