23 October 2017
Find out more

ABN Amro applies blockchain tech to the logistics sector

18 November 2016  |  13386 views  |  0 ABN Amro

ABN Amro is working with Dutch university TU Delft and a host of other partners to test the use of blockchain technology in the logistics sector.

Working with 14 other players from different industries - including Port of Rotterdam, Royal FloraHolland and Innopay - the bank and university are focussing on three user cases: supply chain finance, inventory finance and circular economy.

The TKI Dinalog project will see the partners spend two years designing, developing, and implementing what they call a new information infrastructure that is rooted in blockchain technology that connects operational information, financial flows and contracts.

Programme manager, supply chain finance, Martijn Siebrand, say: "We are applying blockchain technology to the financial routes in logistics. But that's just the start. I can see this development culminate in the logistics sector of the future, more coherent and smooth all across the chain."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

ABN Amro explores blockchain with Dutch university

ABN Amro explores blockchain with Dutch university

27 October 2016  |  9777 views  |  0 comments | 5 tweets | 14 linkedin
ABN Amro joins hyperledger hackathon

ABN Amro joins hyperledger hackathon

12 September 2016  |  6316 views  |  0 comments | 9 tweets | 21 linkedin
ABN Amro's blockchain journey

ABN Amro's blockchain journey

29 April 2016  |  11531 views  |  0 comments | 21 tweets | 31 linkedin

Related company news

 

Related company information

ABN Amro

Related blogs

Create a blog about this story (membership required)
visit www.innotribe.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
19345 views comments | 28 tweets | 42 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15157 views comments | 23 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
10974 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9015 views comments | 14 tweets | 28 linkedin

Featured job

Find your next job