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Introduction
Blockchain holds great promise for the Logistics & Supply Chain industry. The distributed ledger of blockchain could greatly enhance collaboration among shippers, carriers, and forwarders as well as producers and manufacturers. With blockchain transactions could be verified, recorded and coordinated autonomously without third parties. This holds the promise of eliminating a layer of complexity and introducing opportunities for reliable provenance tracking in the Logistics & Supply Chain Blockchain also holds the promise of cutting through the delays caused by “paper-based” documents being sent back and forth by post, email, and fax.
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