Tuesday, July 16, 2024
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HomeOpinion​Canadian Pacific Railways Joins Blockchain in Transport Alliance (BiTA)

​Canadian Pacific Railways Joins Blockchain in Transport Alliance (BiTA)

Canadian Pacific (CP) has joined the Blockchain in Transport Alliance and CP is supporting BiTA’s mission of producing blockchain standards that allow for interoperability between participants in the global supply chain.

“We are excited to be on this journey,” said CP Vice President Information Services and Chief Information Officer Mike Redeker. “As part of BiTA, we look forward to creating opportunities and innovative solutions that benefit our customers and the broader supply chain. Joining the alliance is part of CP’s continued focus on developing and supporting technology throughout the supply chain.”

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.

“The alliance is pleased to have CP’s expertise and support as our organization navigates this exciting new digital frontier,” said BiTA President Patrick Duffy. “Blockchain has the potential to smooth the transactions that occur between shippers and carriers, but it requires the active participation of transportation leaders like CP.”

Canadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpr.ca to see the rail advantages of CP. CP-IR

Blockchain in Transport Alliance is a member-driven organization – primarily from the freight, transportation, logistics and affiliated industries. Alliance members share a common mission of driving the adoption of emerging technology forward. BiTA accomplishes this by developing industry standards; educating members and others on blockchain applications/solutions and distributed ledger technology (DLT); and encouraging the use and adoption of new solutions.

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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