Atlanta, GA (May 1, 2018) – Tranzlogix, which provides real-time freight visibility to the transportation industry, has joined the Blockchain in Transport Alliance (BiTA). BiTA is developing best practices and standards for blockchain in the transportation industry. In addition, two Tranzlogix executives (Asir Justifus, CEO, and Vijay Thomson, Co-Founder and CFO) joined the Standards Committee, participating in two tracks, Location and Payments.
“We are excited to welcome Tranzlogix into the Blockchain in Transport Alliance,” said Chris Burruss, President of BiTA. “The goals of BiTA to develop market standards for blockchain use and create a community forum for discussions around cross-industry technology standards will only be achieved through the diverse membership of the Alliance working together. That includes brokers, carriers, shippers and technology providers as well as leading companies such as Tranzlogix, whose Integrated Internet of Things (IIoT) tools help make business transactions run smoothly on a regular basis. We look forward to learning from the expertise Tranzlogix can offer the members of the Blockchain in Transport Alliance.”
“With a decade-long experience gained in running a boutique trucking company connecting major backbone routes and five states in South India all the way from Kanyakumari to Gujarat, as well as with the opportunity to be part of a similar operation in the United States for a year, made me decide to do something to improve the hardships of the transportation community,” said Asir Justifus, CEO of Tranzlogix. “This led to my journey of building strong integrations to handle massive, complex event-processing engines for the Insurance sector, Oil and Gas and Fresh Produce domains. I see massive opportunities for distributed computing from my experience in data integration with agnostic devices (location, engine diagnostics, fuel, temperature, audio, video stream, etc.).”
Tranzlogix joins the ranks of leading logistics and technology players that are BiTA members, including United Postal Service (UPS), FedEx, and SAP.
Founded in August 2017, the Blockchain In Transport Alliance (BiTA), has quickly grown into the largest commercial blockchain alliance in the world, with nearly 500 members in over 25 countries that collectively generate over $1 trillion in revenue annually.
BiTA is a member-driven organization; members are primarily from the freight, transportation, logistics and affiliated industries. Alliance members share a common mission of driving the adoption of emerging technology forward. We accomplish this by developing industry standards; educating members and others on blockchain applications/solutions and distributed ledger technology (DLT); and encouraging the use and adoption of new solutions. Thousands of companies have applied for membership. BiTA has its global headquarters in Chattanooga, TN, USA.
Tranzlogix is a pioneer in trucking solutions and supply chain management. A technology innovator, Tranzlogix’s cloud-based platform provides unprecedented, real-time freight visibility to shippers, carriers, brokers, and others in the trucking and transportation industries using a flexible ELD- and API-based visibility gateway. The patent-pending digital, permission-based carrier onboarding capability makes it simple to add new carriers and brokers. The system is already integrated with over 70 ELDs, which covers 80% of carriers in the market. Tranzlogix is headquartered in Atlanta, GA. For more information, please visit www.tranzlogix.com.