THE NEW PLAYING FIELD
The combination of blockchain with IoT will enable the certification of vehicles with a unique digital identity and to monitor the whereabouts and transport conditions of freight items in a transparent way.
Autonomous vehicles and the sharing economy will liberate logistics companies from being forced to own a fleet of vehicles and to employ the associated personnel.
Using blockchain-based technology and secure IoT sensors enables them to:
- OUTSOURCE THE RESPONSIBILITY OF DELIVERY
- INCREASE DELIVERY-ON-TIME RATIOS BASED ON ECONOMIC COMPENSATION
THE PRODUCT-AS-A-SERVICE MODEL
This new playing field is a paradigm shift for logistics company’s model that move from owning the asset (i.e. car, truck, drone, etc.) to a as-a-service business model in which the car manufacturer retains the ownership of the vehicle and the responsibility for its care and maintenance.
Logistics companies will only pay a fee per vehicle/driving hour.
THE DATA TRADING MODEL
Global shipping industry started sharing vessels and container terminal capacity years ago. Today, the creation of digital twins for pallets and containers, enables real-time tracking and location, making it possible to share these assets and optimize its capacity.
Companies renting out these assets in a product-as-a-service business model (described above) will develop shared container/pallet platforms, and build a new business model on critical data trading.