Dnata Taps IBM for Air Cargo Blockchain Pilot

Dnata, provider of air and travel services in the Middle East, has announced the completion of a proof-of-concept examining blockchain's potential in the Dubai air cargo industry.

The pilot saw participation from project partners IBM, Emirates Innovation Lab and Flydubai Cargo, and looked at blockchain's potential to address issues across various aspects of airfreight, including security and operations, as well as legal aspects, a indicates.

The "successful" trial was conducted on a jointly developed logistics platform, utilizing blockchain for supply chain transactions, taking a purchase order from the origin to the final destination.

Stating that blockchain technology and its potential is neither easy to understand or appreciate, Neetan Chopra, senior vice president for IT strategic services at Emirates Group, said:

"It is imperative to carry out such business experiments and trials so that participants can experience the benefits of breakthrough technologies in a live environment."

The move follows the release of white paper by air transport IT firm SITA, detailing the use of smart contracts in the air transport industry. While, Air France is also testing blockchain technology for supply chain tracking.

Air cargo image via Shutterstock

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Sujha Sundararajan

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.