Challenges of Implementing Blockchain in the Supply Chain

Posted by Vertrax on Aug 30, 2019 12:33:19 PM

According to the World Economic Forum, “digital transformation in the Oil and Gas industry could unlock approximately $1.6 trillion of value for the industry, its customers, and wider society.”

While we’ve broken down the overall benefits of blockchain and its specific benefits for fleet management, there are still some challenges that need to be overcome in order for this technology to become standard in the industry.

Topics: trucking technology, real-time technology, blockchain

The Benefits Of Blockchain For Fleet Management

Posted by Vertrax on Aug 12, 2019 1:01:21 PM

Across the world, businesses in many industries are gaining interest in the latest cutting-edge technology: blockchain. Around 66% of global organizations have some level of interest in blockchain, with almost 10% currently experimenting with or deploying it.

Topics: trucking technology, real-time technology, blockchain

What Is Blockchain and What Are Its Benefits?

Posted by Vertrax on Aug 2, 2019 2:45:28 PM

As more and more industries adopt advanced technology, streamlining business operations, and improving transparency into performance, technological terms are starting to become common in day-to-day conversations. For example, “blockchain” is a term that many professionals in a wide range of industries have become acquainted with. It’s no wonder when worldwide spending on blockchain solutions is expected to grow from 1.5 billion in 2018 to an estimated 11.7 billion by 2022.

Topics: real-time technology, blockchain

Announcing Vertrax’s Blockchain Partnership with IBM

Posted by Vertrax on Jun 21, 2019 11:44:03 AM

We’re excited to announce Vertrax's blockchain partnership with IBM and the successful deployment of our production solution using the IBM Blockchain Platform on AWS.

Topics: blockchain