Dnata Partners With IBM for Blockchain-Powered Air Cargo Delivery
International air services provider Dnata has successfully concluded a Proof of Concept (PoC) which explored the benefits of DLT for the air cargo industry in Dubai, with the aim to update cargo service delivery processes, cut out superfluous data, and ensure transparent data sharing for all stakeholders.
As per apress release, Dnata partnered with IBM, Emirates Innovation Lab and Flydubai Cargo to develop a logistics platform which utilizes blockchain tech for supply chain transactions, delivering a purchase order from its origin to the final destination.
Through PoC, the partners identified specific areas where DLT is applicable and can be used to improve current processes, such as security, operations, technology and legal aspects. Possible new supply chain services were also highlighted, such as the digitalization of documents.
Neetan Chopra, Senior Vice President of IT Strategic Services at the Emirates Group, acknowledged DLT’s “great potential to exponentially improve efficiency and transparency of business networks”.
“Blockchain technology is bringing a whole new meaning to the cargo and logistics industry’s value chain. Whether it involves raw materials, manufacturing, or distribution to retailers and customers, the technology is smarter, faster, and is creating a new trust-based digital economy that allows all members of the ecosystem to join new business networks based on accountability and transparency to conduct transactions.”
DLT’s usage in the airline industry is on the rise. Air France is investigating the usage of blockchain for supply chain tracking, and Air New Zealand recently announced a partnership with Swiss startup Winding Tree to explore the various use cases of blockchain tech in the airline industry, in aspects such as booking and baggage tracking.