Kevin Ennis, vice president commercial and business development for dnata’s UAE Cargo Operations, said, “dnata has always been at the forefront of innovation, and the success of our study to use blockchain technology in our operations means greater security, efficiency and cost savings to our customers. We are on the cusp of revolutionising the way we operate, and the success of this initiative with our partners will give the industry a real boost towards seamless service delivery.”
Blockchain technology is a secure, public electronic ledger and peer-to-peer network that can be managed autonomously to exchange information between different parties.
In cargo, for example, much of the processes is traditionally paper based, which requires multiple sign-offs by inspectors and receivers before goods can be delivered. Even when the system is electronic, it still requires multiple parties to sign off on cargo shipments, creating a lengthy administrative process. To try and streamline this process, blockchain technology can be used to manage and track the paper trail of cargo containers by digitizing the supply chain. In such a scenario, what makes blockchain infallible is that, no one party can modify, delete or even edit any one of the blocks without the consensus from others on the network.
flydubai Cargo and dnata, in collaboration with Emirates Innovation Lab and IBM jointly developed a logistics platform in which blockchain infrastructure was implemented for supply chain transactions from a purchase order from the origin to delivery to the consignee warehouse at its destination. Through PoC (Proof of Concept), flydubai Cargo, Emirates Innovation Lab and dnata were able to identify issues from various perspectives such as technology, security, operation, legal perspectives, and were able to realise new supply chain services including digitalisation of documents.
The sharing possibilities of this technology create endless opportunities for logistics/supply chain applications. These include improvements of transparency and data sharing across the supply chain, better tracking of orders, reducing errors and better fraud detection.
As a result of this collaboration, flydubai Cargo has become the first airline to complete a Proof of Concept (PoC) using blockchain technology in airfreight transportation.
TTN is the most established trade publication in the Middle East distributed on a controlled circulation basis to members of the travel and tourism industry.
Published monthly by Al Hilal Publishing and Marketing Group, the region’s foremost trade publisher, TTN is aimed at professionals in the industry, from travel agents to airline and hotel personnel.
TTN provides in-depth and extensive coverage of relevant issues in the Middle East and North Africa as well as in other parts of the world. Travel related news, analysis, and new appointments together with information on up-coming exhibitions, marketing and promotional campaigns are presented in an innovative and striking colour tabloid.
Every issue also contains a collation of international and regional news and topical features of interest to readers.