Calgary Alberta - Canadian Pacific (CP) has joined the Blockchain in Transport Alliance (BiTA).
 
In joining the alliance, CP is supporting BiTA's mission of producing blockchain standards that allow for interoperability between participants in the global supply chain.
 
Blockchain is an open, extensible, platform capable of sharing shipping events, messages, and documents across all the actors and systems in the supply chain ecosystem.
 
It uses cryptography to ensure that network participants see only the parts of the ledger that are relevant to them, and that transactions are secure, authenticated, and verifiable.
 
With nearly 500 members from freight, transportation, logistics, and affiliated industries, BiTA is focused on education, advocacy, networking, and commercial outcomes around blockchain and other emerging technologies.
 
It is committed to overcoming geographic, language, and cultural hurdles to enable seamless commerce.
 
Author unknown.

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