Swissport, Swiss airport ground handling and cargo company, is launching a blockchain trial run for its cargo handling operations, Air Cargo News disclosed. The firm is teaming up with Olam, an open source platform developer for supply chains.
Head of global cargo operations Hendrik Leyssens declared that blockchain will hasten transactions, beef up security, and help minimize operational costs. He continued:
“Thinking beyond traditional messaging, blockchain could eventually become the new standard allowing us to overcome the chronic lack of transparency, which is typical for fragmented supply chains.”
Swissport’s passenger services business will also benefit from the blockchain pilot. Hooking up with Winding Tree, a blockchain-based travel distribution platform, they will start with independent passengers providing them with “classic travel services,” whose distribution is enabled by blockchain technology.
A Swissport officer said:
“We expect to see lasting benefits from this technology for fragmented global industries like aviation services and supply chain. It will likely change how service providers, clients, and partners will transact with each other. We want to get familiar with such technologies early in the innovation cycle and partner with technology leaders to explore its potential in our business for a variety of use cases.”