Swissport International AG, the global leader in airport ground services and air cargo handling, announced plans to use blockchain in the field of international cargo transportation. This was reported by company press service.
The company will launch its pilot project in partnership with a local start-up ‘Olam’.
Hendrik Leyssens, head of global cargo transportation at Swissport, believes that blockchain will help “speed up transactions, enhance transaction security and at the same time unlock cost savings.”
“Thinking beyond traditional messaging, blockchain could eventually become the new standard allowing us to overcome the chronic lack of transparency, which is typical for fragmented supply chains,” – he added.
Swissport also plans to use blockchain for providing passenger service. As part of this initiative, the company will work with ‘Winding Tree’, a blockchain-based travel distribution platform. Blockchain can facilitate efficient distribution of additional services to individuals and corporate clients in the longer term. Head of Innovation Swissport Florian Eggenschwiler said:
“Blockchain allows us to reimagine how we work with our partners in the complex aviation and logistics ecosystem. We expect to see lasting benefits from this technology for fragmented global industries like aviation services and supply chain. It will likely change how service providers, clients and partners will transact with each other. We want to get familiar with such technologies early in the innovation cycle and partner with technology leaders to explore its potential in our business for a variety of use cases.”
Logistics is one of the most popular areas of commercial use for blockchain. Earlier the global leader in container shipping, Maersk company, has officially started using Insurwave blockchain platform for marine insurance. The platform was a joint development by the consulting company EY and Guardtime. It is expected that within the first year of work with Insurwave, Maersk will have insured 1000 marine ships, with total number of digital transactions exceeding 500,000.
By Ekaterina Ulyanova