Introduction to BlockShow Europe 2017
The BlockShow Europe 2017, hosted by Cointelegraph Events in Munich, was a pivotal event showcasing innovative Blockchain solutions across various sectors. Among the highlights was a focus on logistics, where Mika Lammi, Head of IoT Business Development at Kouvola Innovation Ltd, shared insights into the SmartLog Project.
The Need for Change in Logistics
In the logistics industry, the challenge of fragmented information systems has persisted for too long. With a plethora of software applications and services operating in isolation, effective communication between them is often a tall order. Imagine trying to build a puzzle where each piece only fits one other piece—that’s logistics for you! SmartLog aims to tackle this issue head-on.
Understanding SmartLog’s Approach
SmartLog recognizes that the solution lies in the power of Blockchain technology. By creating a unified Blockchain for logistics companies, they provide a framework where information regarding intermodal container movements can be shared seamlessly across the European Union’s transport corridors. This innovation promises to alleviate the headaches caused by miscommunication and data integrity issues.
Funding and Development Timeline
With a hefty 2.4 million euros from the EU’s INTERREG Central Baltic fund, SmartLog has a robust plan laid out over three years. The ultimate goal? To develop a dedicated application that keeps track of container locations, environmental conditions, and pertinent data that can be integrated with existing ERP systems.
Timeline of Events
- September 2016: Project kickoff; defining the scope and data requirements.
- September 2018: Active development phase initiated; coding and research are in full swing.
- June 2017: First results expected from version 0.2 of the software.
Insights from Mika Lammi
In a recent conversation with Cointelegraph, Lammi expressed a sense of accomplishment as the project progresses into its active phase. “We’ve moved from concept to action, and it’s exhilarating!” he exclaimed, highlighting their progress in data mapping and the anticipation of their first demonstration in northern Estonia.
Wrapping Up: The Future of Logistics with Blockchain
The SmartLog project represents a promising step towards enhancing logistics efficiency through Blockchain technology. As they continue to develop and integrate their solutions, the logistics industry stands to benefit significantly from this innovative approach. With the first demo on the horizon, the excitement is palpable! Who knew syncing with a Blockchain could be this thrilling?
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