KCN: BLOCKCHAIN CAN HELP SAVE $ 400 MILLION A YEAR IN THE AIR CARGO INDUSTRY

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SITA is an information organization representing telecommunication and IT services in the aviation industry, in conjunction with trade association ULD Care, are considering using blockchain technology to save  $400 mn per year in the air cargo industry. According to the article on “Logistics Update Africa”: “By eliminating inefficiency, embedding always-on tracking of ULDs and abandoning redundant paper systems, the use of blockchain is expected to save the industry $400 million a year in improved efficiency, fewer losses, and prevention of damage”. Stay with us. See you later!

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