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Blockchain Could Take Logistics to New Level

Logistics, which is the transportation and storage as well as delivery of various goods, has been around since the ancient times. The industry has evolved as the times have changed, and it has taken on an even bigger role as the recent pandemic kept people at home and nearly everything had to be delivered to the doorstep. However, poor technology and the lack of transparency have dogged this industry. Blockchain now looks set to address those longstanding challenges and improve the entire logistics space.

Logistics firms are constantly looking for better ways to serve their customers, and blockchain is offering some exciting possibilities for them. For example, Uniliver, Walmart, Nestle and other giants in the consumer packaged goods segment have entered a collaboration with IBM to come up with…

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