The package and courier delivery market is estimated at around $300 Billion. In this session, we show yet another industry that stands to be disrupted with the advent of IoT, package delivery management.
Using a combination of Public Key Infrastructure for identity tracking, and Hyperledger-based BlockChain for event tracking, this innovative testbed from participants Saison, GlobalSign, GE and Oracle shows how we can reduce re-delivery, automate delivery related financial transactions, eliminate package theft and lower related CO2 emissions by implementing a novel yet standards-based process to handle package delivery management.
All package and delivery locker related information is stored in the ledger, which allows immutability for automated financial and legal workflows. Integrations into both Edge IIoT and Cloud platforms allows analytics on the entire process.
Security is core to this testbed, and secure elements, smart contracts, device certificates and end-to-end encryption are some of the technologies used.