ShipChain, an encrypted tracking protocol on Ethereum has announced a partnership deal with CaseStack, a provider of supply chain management services located in Fayetteville, Arkansas. CaseStack works with some of the world’s largest retailers, Fortune 50s, and brands, such as Target, Duracell, and Amazon.
CaseStack has also announced that they will begin the integration process to accept SHIP tokens as payment for their services and has purchased a block of SHIP tokens as a first step. The deal was announced together with a pilot program that will launch this summer.
“The blockchain is a perfect solution for a lot of supply chain issues. CaseStack has partnered with ShipChain to iterate on a gamut of solutions,” says Dan Sanker, founder, and CEO. The pilot program will integrate tracking and tracing on ShipChain’s blockchain based platform.
“By integrating with the more than one million loads CaseStack transports every year to major retailers, we have an amazing opportunity to implement both our tracking platform and driver rewards program,” says Sami Rusani, Chief Revenue Officer at ShipChain.
“Supply chain in a blockchain world means that shippers and carriers discover each other without intermediaries, and execute smart contracts to define any requirements. Payment happens with crypto instantly without transaction fees or risks, and load movements are tracked on an honest, immutable ledger that nobody (and everyone) controls,” adds Sanker.
“Blockchain really provides a once in a multi-generational opportunity to really transform the supply chain. The level of transparency and accountability it provides, along with the universally trusted automated smart contracts, give us new tools to increase efficiency more than we’ve ever seen,” says John Monarch, CEO at ShipChain.