Team Worldwide Joins BiTA
Team Worldwide, a diversified global logistics provider that offers “best in class” logistics, freight forwarding, customs brokerage, truck transportation, and other solutions for its customers around the globe, today announced it has joined the Blockchain in Transport Alliance (BiTA), an organization dedicated to determining best practices and standards for blockchain in the transportation industry.
Team Worldwide recognizes that technology has taken its place at the forefront of industry for fulfilling customer’s transportation service needs. “Prioritization of technology is required to remain successful in today’s marketplace,” states CEO and President of Team Worldwide, Jason Brunson. “We must always be prepared to leverage emerging technology such as blockchain to provide an ever-increasing level of service.”
Interest in blockchain technology is growing rapidly; and globally there are an increasing number of blockchain-related pilot projects in freight, transportation and logistics. The President of BiTA, Chris Burruss, stated: “On behalf of BiTA, I welcome Team Worldwide to the BiTA ‘team,’ and I anticipate that the company will be an active member of the BiTA Community. This Alliance was established by experienced technology and transportation/logistics experts to build common standards and promote blockchain education about blockchain.”
“Team Worldwide investments in emerging technologies such as blockchain help to ensure that we can continue to meet our clients’ evolving needs, provide better service, while improving efficiency,” said Randy Loper, Vice President of Technology, Team Worldwide. “Our BiTA membership will allow us to provide input into and monitor development of the evolving blockchain standards. This will facilitate Team Worldwide’s incorporation of blockchain solutions into our advanced global logistics technology platform as the blockchain standards are set and the technology matures.”
Founded in August 2017, BiTA has grown into the largest commercial blockchain alliance in the world, with more than 450 members that collectively generate over $1 trillion in revenue annually. BiTA is developing standards and education in blockchain technologies for the freight, transportation and logistics industries. For more information, please visit BiTA at www.bita.studio.