Transform transportation industry with IoT and blockchain.
Travel and transportation environments have millions of moving parts. The results often lead to complexity, errors, or transactions disputes. IoT for transportation is the networking of objects via embedded sensors, actuators, and other devices that gather and transmit data about real-world activities. The use of IoT-enabled technology is changing the way how the transportation sector operates: reducing delays, predicting shortages of inbound materials, and changing orders mid-production based on real-time demand data. When all parties use the same data in a blockchain environment, common information visibility and sharing can eliminate inconsistencies. Blockchain speeds transactions, eliminates fraud, and helps streamline transportation operations with an immutable, trustworthy, secure system that builds trust among parties.
Privacy and security
A ledger that is shared across network partners and indelible means that tampering, fraud, and cyber-crime are much more difficult. Enable the highest level of security, performance, and stability.
Trust across parties
Blockchain networks help assure data integrity by storing an immutable, single version of the truth. Network participants can collaborate with confidence as they exchange information while controlling data access.
Reducing data leaks
Blockchain can reduce the time, cost and risks of managing sensitive information by providing an immutable and transparent audit trail for regulatory compliance, contract management, identity management and citizen services.
Through distributed ledger technology that provides a shared, single version of the truth, Cortex gives permissioned participants greater visibility across all activities.
Streamline shared processes, increase accountability, minimize disputes and automate reconciliation tasks.
Blockchain can provide real-time visibility on the entire infrastructure and processes, eliminating blind spots across public and private entities.