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by miohtama 1292 days ago
This is correct. I watched a presentation long time ago (way too early) about a blockchain pilot for container and document transfer between Finland and Estonia.

https://www.porttechnology.org/wp-content/uploads/2019/05/03...

The author of the pilot told quite clearly that it is a killer for small and medium sized businesses, like few trucks and a man and a dog companies. Efficiencies could go up greatly. But then, when he pitched the idea to three letter logistic giant, he was thrown out from the board room because any decentralised network would kill the edge large logistics companies have. One of the main competitive edge for a large logistics company is that their internal IT systems work well and there is no problem with the information flow. They do not want to have a level playing field here.

1 comments

This is something lots of people often miss. The barriers to entry and the difficulty of using any system is someone's else's market edge. It's part of the reason why healthcare in the US is such a clusterfuck. It is the only industry with a degree of government mandates around price obfuscation. If you fix that, most hospitals would lose their edge in the market. Even the notorious automobile industry has clearer pricing.