Skip to content

Sign up to the Port Tech Daily News for free to keep up to date with the latest industry news

DBSchenker Partners for Blockchain Supplier Evaluation

Share on twitter
Share on facebook
Share on linkedin
Share on email

Global logistics provider DB Schenker has worked with VeChain Foundation, a blockchain platform offering Blockchain-as-a-Service to enterprises, to use the digital ledger for supplier management purposes, according to Medium.

The supplier evaluation system was developed for China, and will use the VeChainThor platform to score business partners of the system based on collected data.

This allows DB Schenker to evaluate the service of the suppliers.

In the future, the system and its related applications can potentially evolve into a widely shared platform with a broad range of logistics service providers.

Read the Port Technology technical paper from Wolfgang Lehmacher of the World Economic Forum — Ports for Tomorrow: Smart Links in Supply Chains

DB Schenker, the transport and logistics division of Deutsche Bahn, has a network of over 68,000 logistics experts in 2,000 locations.

The experts have knowledge in comprehensive supply chain management solutions, efficient air, ocean, rail and land transport as well as contract logistics around the globe.

As its VeChainThor platform develops, VeChain Foundation will include the world’s best service providers, goods distributors and global experts into its ecosystem to ensure the integration of as many business processes as possible. 

Read more: 

Want to stay up to date with the latest industry news? Sign up to the Port Tech Daily News and receive stories like this directly to your inbox for free.

Latest Journal

Cookie Policy. This website uses cookies to ensure you get the best experience on our website.