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Mounting Interests of Wall Street Players in Crypto-Avenue - JP Morgan Comes With JPM Coin, Is Facebook Launching Facecoin?

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EconoTimes

Blockchain Revolution Series

BNSF becomes first Class-I railroad to join Blockchain in Transport Alliance

Wednesday, February 7, 2018 3:09 AM UTC
0
comments

BNSF Railway Company (BNSF), a leading North American freight transportation company, has become the first Class I railroad to join the Blockchain in Transport Alliance (BiTA).

Formed in August 2017, BiTA aims to promote the adoption, education, and development of a standard framework around blockchain in the freight industry. It counts over 200 freight transportation companies as its members which includes the likes of FedEx, SAP, UPS, Salesforce, and Schneider, among others.

“Blockchain technology has the potential to change several aspects of the transportation industry and it is important that the industry comes together to align around a set of standards,” said Muru Murugappan, BNSF vice president of technology services and chief information officer. “We are excited to help drive those standards forward as a member of BiTA.”

BNSF along with the other members of BiTA will work to define what data goes into the freight transportation blockchain, how that data is formatted, how the data is structured and in what cases blockchain would be used, the official release stated.

"BNSF is one of the most important members of the North American transportation network, providing the backbone of American commerce. Their embracement of technology standards for the future of the industry will have a profound impact on the future of customer supply chains," said Craig Fuller, chief executive officer, BiTA.

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2019-02-21 09:30:07
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UNITED KINGDOM JAN 2019 PSNCR, GBP DECREASE TO -25.434 GBP VS PREV 21.551 GBP (REVISED FROM 21.278 GBP)
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GERMANY JAN 2019 NW STATE CPI YY DECREASE TO 1.5 % VS PREV 1.8 %
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ITALY JAN 2019 CONSUMER PRICES FINAL YY STAYS FLAT AT 0.9 % (FCAST 0.9 %) VS PREV 0.9 %
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Economics Monitor

February 21 09:30 UTC Released

GBPSNCR, MM GBP

Actual

-25.434 Bln GBP

Forecast

Previous

21.278 Bln GBP

February 21 09:30 UTC Released

GBPSNB, MM GBP

Actual

-15.759 Bln GBP

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-11.05 Bln GBP

Previous

2.112 Bln GBP

January 31 00:00 UTC 556437556437m

ARAnnual Primary Balance*

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2016 bln ARS

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January 31 00:00 UTC 556437556437m

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 568257568257m

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-1541 %

January 31 00:00 UTC 556437556437m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 568257568257m

ARTrade Balance

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Forecast

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-1541 %

January 31 00:00 UTC 556437556437m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 556437556437m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 556437556437m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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