Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

AOS and IBM Developing Logistics and Transportation Solution Using IBM Blockchain, Watson IoT

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IBM and AOS — a Colombian company specializing in providing business solutions — today announced they are collaborating to create a solution to enhance efficiency in the logistics and transport industry throughout the country, built on IBM Blockchain and Watson IoT on the IBM Cloud.

Traditionally, supply chain transactions are completed manually, creating delays and a higher risk for recording error, which can cause differences between what was recorded and what was actually loaded.

By digitizing this process using blockchain and IoT, the relevant information is captured directly from the sensors placed on the trucks, and entered onto the blockchain, creating a single, shared repository that all authorized participants can access and which can only be altered with consensus from all parties.

With the solution, once the truck leaves the distribution point, an automatic message is sent to the customer, informing them about the load, weight and estimated time of arrival. If part of the delivery is returned, the invoicing can be automated depending on the actual load delivered.

Also, through the sensors located on the trucks, an information repository is generated using IoT and blockchain, which tracks all the exchanges, stops and transactions made by each truck and its respective load, from the distribution point to the final customer. This heightened level of transparency can help increase accountability between shippers and their customers, promoting the flow of business.

The new solution also integrates Watson IoT, designed to monitor what is happening with the trucks. For example, the solution captures the input and output weight to define available capacityas well as in which silo and which person will carry the load; and that data is also correlated to external information, such as weather, humidity, temperature and driver’s data, to estimate delivery time to customers.

You can learn more about IBM Blockchain solutions here.

Written by turbotodd

June 21, 2017 at 8:30 am

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