Author: Duygu Iltuzer

Traditional Freight Forwarders in the Digital World

The digital age is upon us and many aspects of our everyday life are now sustained and driven by technology. The logistics industry is no stranger to digital influence. Over the past few years, we have seen advances in technology change the face of shipping dramatically. There is no question that digitalizing the world of logistics will help to improve efficiency and automate certain repetitive functions. However, some in the shipping industry believe that there are still certain aspects of logistics that are better suited by the human touch. More conventional minds within the shipping industry believe that sending...

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Blockchain is the Future of Logistics

Bitcoin is a digital payment system, and a cryptocurrency, invented by an anonymous programmer, or a group of programmers, under the name Satoshi Nakamoto. It is a peer-to-peer transaction system which takes place without the help of third parties, where transactions are verified by independent nodes, known as miners, and recorded on a public global ledger known as Blockchain. In Blockchain, every participant maintains a copy of the shared ledger. The ledger is secure because each new block of transactions is linked back to previous blocks in a way that makes tampering practically impossible. Each transaction on the blockchain...

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