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Payments General

Corcentric joins Blockchain in Transport Alliance

Thursday 14 June 2018 | 02:43 PM CET

Corcentric, a US-based financial process automation solutions provider, has joined Blockchain in Transport Alliance.

Blockchain in Transport Alliance is an organisation that promotes the development and adoption of blockchain applications in the trucking, transportation, and logistics industries.

Corcentric's membership is set to position the company to invest in blockchain technology with Blockchain in Transport Alliance. As a provider of procurement and finance solutions, Corcentric will contribute to BiTA's mission to provide direction for the development of blockchain technology in the trucking industry, an initiative aimed at creating transparency and fostering trust.

According to Corcentric officials, the membership provides a platform to develop a dialogue around the adoption of blockchain for streamlining procurement and payment functions across the enterprise. Blockchain enables enterprises to share data seamlessly across organisations. Applications of this technology intersect directly with our diverse P2P solutions offering – streamlining payments and creating a record of ownership of assets.

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