BNSF Railway, a major U.S. freight railroad network owned by Warren Buffet's Berkshire Hathaway, has become the latest member of the Blockchain in Transport Alliance (BiTA).
Muru Murugappan, BNSF's CIO and vice president of technology services, commented:
With the move, BNSF also becomes one of the first railroad network operators in North America eyeing a role for blockchain in pushing through an industry transformation.
BiTA currently has over 200 members from the logistics, transportation and technology industries, and aims to develop standard applications of blockchain technology for the group's members.
BNSF image via Shutterstock