Singapore startup FreshTurf is working on a IBM Blockchain project to develop a network for solving issues related to delivery and storage lockers.
According to a press release, the two companies wants to create a network to track delivery shipments and storage lockers through the blockchain with the objective of providing a faster and safer service to the customers.
This way, in fact, users will be able to track their packages more easily thanks to a distributed ledger platform.
This is not the first project for the IBM’s BlueMix garage, a wordwide network of innovators that provides a hub for startups and companies to test and study the blockchain.
The BlueMix is a part of IBM blockchain broader strategy for fintech applications.
The two companies commented in a press release that their goal is providing a system for clients to check the status of their packages in real time.
“Not only can the application of blockchain technology help provide visibility across the fulfilment chain, allowing users to track their parcel and delivery status from the convenience of their phone, it can help stakeholders to conduct shipping transactions in a highly secure and trusted environment.”
This distributed system, currently in development, works through the IBM blockchain.
It is not still clear if the companies will sell the technology for commercial use.
Blockchain has been used for several use cases, including package delivery.
In fact, Australian Postal Service released a report explaining how they could use the distributed ledger to track packages movements. Read more about Australian Postal Service new project by clicking here.
Also, US Postal Service discussed its idea to create a new digital currency called PostCoin.
And this is not the first time IBM works on a blockchain-related project. Read more news about the IBM Blockchain here.
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