Railinc joins blockchain alliance

RELATED TOPICS: TECHNOLOGY
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CARY, N.C. — Railinc Corp. announced today that it has joined the Blockchain in Transport Alliance, a consortium of more than 250 transportation and logistics companies that is creating a forum for the development of blockchain technology standards and education for the freight industry. 

“Blockchain presents interesting opportunities for the freight rail industry,” said Railinc President and CEO Allen West. “We’re excited to identify ways to add value to our industry as part of this innovative, forward-thinking group working to advance blockchain technology and its transportation and logistics applications.”

The alliance was formed in 2017 by experienced tech and transportation executives with the goal of bringing together leading companies in the freight technology industries that have a vested interest in the development of blockchain technology. BNSF Railway joined the alliance earlier this year.

Railinc, a wholly owned subsidiary of the Association of American Railroads, provides data, information technology, and information services for the railroad industry.

— From a Railinc press release

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