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T-Miningsmarter transport through blockchains
IntroWhy BC?ContextSpec Use CaseUse case of BC in transport & logistics28 Nov 16 Blockchain Vlaanderen, Brussels
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MindsAhead/T-Mining startup Started begin 2016, registered Aug 2016 Our belief: BC enabler for sector of transport & logistics?Data sharing with reduced the role of the middlemanAllow transfer of assetsBeach head solution improves secure release or handover of containersCurrently finishing prestudy on behalf of MSC BelgiumPrototype development finished going into PoC
Introduction
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IntroWhy BC?Context
Spec Use Case
Context
Context
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Multiple stakeholders involved in import containers
1. Carriers2. Deep sea terminals
3. Barges
4. Inland terminal
5. Truck company6. End customer
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Very Labor intensiveError proneAlways delayNever real time Restricted amount of data
Limited room for optimizationduring planning and execution phase
Every party tries to create itsview on planning & status oftransport order / its truth and stores this in a single enterprise data silo
Current way of sharing info in transport/maritime sector
Source:Enricco Camerinelli, Blockchain in supply chain, CSCMP hot topicsFactoryInsurance companyBankLogistics providerCarrierBankPort of arrivalCustomsBarge OperatorPort of departureBuyerLocal TruckRail OperatorBankWarehouse
EDIFACT
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IntroWhy BC?ContextSpec Use CaseWhy apply BlockChain in this sector?
Why BC?
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Different options: BC per region, per subsector,
Community Blockchain for transport/logistic sector
BC for sharing data& transfer of assets / titlesFactoryInsurance companyBankLogistics providerBankCustomsBarge OperatorBuyerWarehouse
BlockchainLocal TruckCarrierPort of arrivalPort of departureRail OperatorBank
Linking legacy enterprise systemsSupporting new apps / portals
#BC is underlying technology of bitcoinWat is uniek aan bitcoins 7
BC or distributed ledger provides a single truth Centralized solutions were never accepted due to the role of the middlemanFinally fast and reliable data sharingBy linking Enterprise system to a shared platform providesOperations harmonizationJoint processes using smart contracts & similar open source technology at all endpointsCommunity business process automation instead of enterprise BPM that is limited due to single enterprise data silosEnables transfer of assets / rights
Benefits of BC in this sector
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Use case: BC based transfer of pickup rights
IntroWhy BC?ContextSpec Use Case
Spec Use Case
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Current way of sharing rights to pickup containersIs based on pincodes
Involved parties
CarrierForwarderTerminalBarge operatorRail operatorTruck companiesSubcontractors Driver / Skipper
ProblemEnsure that container arriving at port is handed over to the right party: truck-barge-rail
Current solutionRelies on Pincodes to ensure that right party is picking up the container
established by Haven convenant
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Current way of distributing rights in transport/maritime sector
FactoryInsurance companyBankLogistics providerCarrierBankPort of arrivalCustomsBarge OperatorPort of departureBuyerLocal TruckRail OperatorBankWarehouse
EDIFACTDistribution of pin code = right to pickup container in deep-sea terminalChallengePincodes are copied / transferred via different formats via an undetermined number of parties up to truck driver/skipper/..Serious security risk pincode could not prevent thefts with image damage on harbor and carrier !!!No support for multi leg and multi container transport1234123412341234
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What is unique/new to bitcoins?
Bitcoins can be managed in a secure way without middleman
Bitcoins are transferred not copied by resolving the double spending problem
Why reuse the technology behind bitcoin?
Sharing container release or pickup rights via BlockChain
Rights are shared from Carrier / ForwarderTo Transport company [truck, train, barge] other Transport or subcontractorsUp to Truck driver / barge skipper [on smartphone] in a secure way without middleman
Rights are not copied, as pincodes, but transferred
Other benefits of BCFraud proof through immutability and irrevocabilityTransparency without sacrificing privacySuperior availability Additional important benefit: communication chain is created between app on smartphone of truck driver and all other stakeholders allowing data updates.Secure title transfer of assets / rightsBetter data sharing in a complex ecosystem
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Prototype: Smart Contracts & Apps for container release
Portal connected to Blockchain platform
Target: no central database
All permission & rulesare hardcoded in smart contracts
Transfer of rights is done exclusively in BC
Portal for carrier / terminal
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Prototype: transferring rights for pick up
Via QR or Pincode for backward compatibilityPincode has validity of e.g. minutes instead of one monthDriver APPto pickup and deliver container
Portal for forwarder or transport companyto appoint subcontractor or assign driverCommunicates directly to BC nodes
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Prototype : updated info for forwarder, carrier, shipper
Portal for carrier / shipper
Portal for forwarder or transporter
Updates instant visible in multiple independent portals, APPs or legacy systems
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BC benefitsSuperior securityEnd to end & right to pickup container is trusted to single party [+] High availability - transparency Immutability Accountability: In case something goes wrong, party can be identifiedReduction of Admin & Operations costsMore automation / Operations harmonizationNo typing at terminal -> Less delays at terminalNo retyping , no lost files/emails at intermediaries > less errors -> Less delays at terminalNo enterprise IT infrastructure to story and transfer pincodes in a secure wayOpportunity for data sharing / updatesEntitled intermediate parties from forwarder, carrier to truck drivers can be informed on events [without being known to all parties] Enables new services / business models
Benefits of using BC for container release
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Conclusions
IntroWhy BC?ContextSpec Use Case
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Pincodes security can be improved by a BC based systemFar more secure then copying pincodes as relying on blockchain title transferLess admin and operations costs to store and distribute keysLess delays at terminalBroader security reach also multileg / multimodalDistributing pickup rights creates an information channel between entitled stakeholdersBlockchain allows to share data between many parties without a strong middleman +Operations harmonizationCommunity business process automation Next steps: Proof of Concept with a number of stakeholders in the Antwerp Harbor community
Conclusions
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Further questions
Contact us:Nico [email protected]+32 3 304 96 31https://www.linkedin.com/company/t-mining
nicowauters
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