Olam Extends Access to its Supply Chain Blockchain Platform Beta

By: Get News
The foundation announced it is now accepting new industry partners to test its logistics open-source DLT solution

Zug, Switzerland – September 17th, 2018 – Following the deployment and success of Olam’s Proof of Concept, the foundation has now announced it is opening access to its live Beta to additional logistics entities who wish to partake in the new blockchain network. The beta, will demonstrate real-time use of blockchain technology and standard protocols, allows for continuous live shipment tracking, communication and record keeping among all stakeholders in any supply chain.

To date, the foundation deployed the network for select international freight forwarders and cargo handlers as part of a limited proof of concept. As of this week however, Olam has expanded access to its platform beta to supply chain parties worldwide including shippers, port authorities, freight-forwarding companies, air ground and sea carriers, or any logistics stakeholders interested in potentially becoming Olam Network Operators.

The use of blockchain allows for the tracking of containers, products and other distribution assets in an instant (real time) and much more accurate manner.

“As an open system we would like to provide the market the option to explore and provide feedback on the system by broadening access to our beta, so when it is fully functional it will adequately posed serve this important market,” says Shlomo Berkovitch, Executive VP of Strategy at Olam. “While the focus will be helping established organizations integrate, Olam is also on the lookout for some newer use cases and business models”.

Olam is a not-for-profit project tackling the wasteful supply chain inefficiencies by means of a standard, open-source platform on the blockchain which allows the various logistics stakeholders to connect and communicate seamlessly. Registered in Switzerland, the Olam Foundation harnesses blockchain technology enabling the global supply chain’s various stakeholders to seamlessly connect, communicate and develop their business in a trusted environment.

To apply for use of the Olam platform beta for your logistics company, send an email to beta@plam-platform.org.

For more information about Olam and its upcoming token generation event, please email the Olam team at team@olam-platform.org or follow its TGE on Telegram at https://t.me/olamfoundation

Media Contact
Company Name: Olam Foundation
Contact Person: Dana Reich-Adam
Email: Send Email
Phone: +41 435 880447
Country: Switzerland
Website: https://olam-platform.org

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