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posted by Fnord666 on Tuesday April 21 2020, @12:51PM   Printer-friendly
from the take-a-walk-around-the-block(chain) dept.

AirAsia launches transparent tracking blockchain network 'Freightchain' for air cargo:

AirAsia Group Bhd's logistics arm Teleport announced Thursday the launch of Freightchain, a digital network for transparently confirming and tracking air cargo based on distributed ledger blockchain technology.

Shippers and freight forwarders can now book and confirm any of AirAsia's 247 aircraft to carry cargo using Freightchain without the need for time-consuming go-betweens, sales and email channels. The system seamlessly tracks bids, transparently tracks sales and automatically reveals linked network chains for freight delivery.

Using Freightchain shippers will be able to discover all available cargo network connections owned by airlines in a manner that gives them transparency into how their cargo will get from point A to point B. The system will also facilitate on-demand bookings in real-time using a bidding process that is then validated on the blockchain.

"We deliberately launched Freightchain during this period of uncertainty within global supply chains, caused by the coronavirus pandemic," Freightchain Chief Technology Officer, Vishal Batra said. "Agile software platforms like Freightchain help to connect uneven supply and demand amidst a rapidly evolving environment. Trust and transparency are needed now more than ever."

Freightchain provides global air cargo connectivity with no agency fees, smart on-demand digital interlinks for booking cargo space and improved cargo capacity utilization. By putting all cargo passing through its system onto the blockchain, every node in the network is aware of the current real-time status of the entire network, meaning that cargo bidders can rapidly know where shipments can be stowed and where they will go.

[...] According to Teleport, Freightchain can simplify the booking process by allowing for confirmation to happen 10 times faster than traditional methods by providing programmatic discovery of routes using data from its blockchain network.

[...] With Freightchain, the connections data, contacts and contracts all exist within the blockchain, making it simple to identify the links, book the flights and confirm an itinerary.


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  • (Score: 2) by Fnord666 on Tuesday April 21 2020, @02:51PM (3 children)

    by Fnord666 (652) on Tuesday April 21 2020, @02:51PM (#985445) Homepage

    So my question would be are any Soylentils out there using blockchain technology in any of their projects? I've been thinking about using it in a project to create an unalterable audit trail of operations performed on an image or video where that information would need to be proven in court, much like a chain of custody.

    Come to think of it, a blockchain might be useful within LEO evidence tracking system as well.

    Thoughts?

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  • (Score: 0) by Anonymous Coward on Tuesday April 21 2020, @06:30PM (1 child)

    by Anonymous Coward on Tuesday April 21 2020, @06:30PM (#985512)

    Signing it.

    If it's all say 'without a department' then collusion between signing entities is possible.

    WORM+Signing would do this however. Using a Writeable Bluray for instance and blockchaining 'signatures' from each authorized handler to prove chain of authenticity.

    If Quantum computing is available sufficiently to break public encryption, then the whole blockchain as currently implemented falls apart, especially for chain of custody purposes. Which is why I think all the saber rattling about how we're having setbacks with it is fake and it's probably already in place in the intelligence community, which means all signatures, whether source code, binaries, or chain of custody, are suspect.

    • (Score: 3, Interesting) by MostCynical on Tuesday April 21 2020, @11:40PM

      by MostCynical (2589) on Tuesday April 21 2020, @11:40PM (#985589) Journal

      when each link in the chain 'adds' their signature tot he custody record, and the handover is validated, the only thing blockchain adds is a distributed validation of the transaction -
        (ie, party 2 signs, and party 1 counter-signs , confirming the entry on the "chain", and the chain is distributed and each distributed version can be validated against the other copies)

      Hacking.interfering with one 'node' of the chain shouldn't be possible, if each transaction has to validate and propagate before it can be 'verified'.. the issue then is managing 'offline' transactions.

      tl;dr: it may be more than just share-price-boosting buzzwords.

      --
      "I guess once you start doubting, there's no end to it." -Batou, Ghost in the Shell: Stand Alone Complex
  • (Score: 1) by baldrick on Tuesday April 21 2020, @11:39PM

    by baldrick (352) on Tuesday April 21 2020, @11:39PM (#985588)

    you could look at using the timestamping component of the Decred blockchain

    --
    ... I obey the Laws of Physics ...