Logistics management is one of the most important functions of an organisation. It deals with how each and every operation is going to take place and its monitoring in the most efficient way. Blockchain is a revolution for this industry. It optimises the following tasks:
Maintaining transparency: Credibility of data is a huge problem faced by the logistics industry. Through the implementation of blockchain, transparency can be improved since participants of the network have access to all the data on the network. This will also reduce disputes between parties.
Payments and invoicing: