White paper: Building the Blockchain Logistics Protocol

1.3 OpenPort’s Vision

OpenPort has begun transforming the logistics industry in the era of emerging markets consumption, becoming a leading force shaping the supply chains of the future by leveraging blockchain technology for improved visibility, reliability, security, trust and cash flow in road transport.

We are realizing this vision by building a functional “logistics protocol”, making the potential of blockchain a reality for road transportation in emerging markets. Over time, we will extend this approach to the entire global logistics industry (road transport is a core component of multi-modal movements and alone is larger than either the ocean or air freight markets).

The world of opaque sub-contracting by logistics intermediaries, and cumbersome paper processes which delay cash flow for all stakeholders is now being replaced by clear visibility and faster settlement on the OpenPort platform.