Blockchain startup Filament is the latest to join the Blockchain in Transport Alliance (BiTA) to collaborate with the organization on new technical standards and solutions in the transportation sector.
Formed in August 2017, BiTA is the transportation and logistics industry’s leading trade association for blockchain education and standards development. It counts over 230 freight transportation companies as its members which includes the likes of FedEx, SAP, UPS, Salesforce, and Schneider, among others. More recently, GE Transportation, a division of the General Electric Company, has also joined the consortium.
“Our goal at BiTA is to bring together leading companies that have a vested interest in the development of blockchain technology for the freight industry,” said Chris Burruss, president, BiTA. “Filament’s extensive standards experience and technology expertise is extremely valuable as we work to create transportation-specific blockchain standards that will move the market forward.”
As a member of BiTA, Filament, with its expertise in developing decentralized protocols and open standards as well as its blockchain-native microchip, will work towards creating a common secure blockchain framework, educate the market and form relationships for implementations within the freight industry.
“As freight transportation becomes more connected, Filament is focused on providing the blockchain-native technology that enables the trusted verification, interaction and full transaction capability necessary to achieve operational efficiencies,” said Allison Clift-Jennings, CEO, Filament. “Joining BiTA allows us to share our expertise and collaborate with this community of leaders to advance blockchain solutions for the industry.”
Filament is currently working on pilot blockchain projects in the transportation industry that provide verification and attestation of data to improve overall operations insight.
