Communication flow and logistics is an essential aspect of human existence which forms the backbone of the transfer of goods, services and value, “Coin Telegraph” reports.
As international trade and logistics continues to expand, more efficient methods are being developed to enable effective service delivery and value transfer. However, Blockchain technology is bringing another dimension to disrupt the logistics industry in areas such as transparency and efficient tracking. John Monarch, CEO at Shipchain, notes that the logistics sector employs the most people in the world. He explains that as this sector expanded over millennia, it has required innovation to scaleand sustain practicality for the growing human population. This is happening again at the time of writing, with the fourth industrial revolution.