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Blockchain alliance membersNORFOLK, VA/NOIDA, India: May 24, 2018. Norfolk Southern and HCL Technologies have joined the Blockchain in Transport Alliance – a consortium of more than 250 transport and logistics companies developing standards and promoting education in blockchain technologies.

“Norfolk Southern’s membership with BiTA will help us identify opportunities where blockchain can be used to improve the transportation supply-chain for our customers,” said Fred Ehlers, vice president Information Technology and CIO.

Based in Noida, India HCL has developed a ‘CoTrust Blockchain Application Platform’ that uses key enterprise blockchain engines to enable rapid development and deployment of Blockchain applications.

Ajay Bahl, HCL executive vice president and head of Public Services and Manufacturing Business (North America), said joining BiTA would allow the company to engage in the development of standards for how blockchain technology will be used in track and trace, provenance, smart contract management, compliance management and fraud detection.

Blockchain technologies create a permanent, digital ledger of transactions that can be securely shared among a distributed network of computers.

"As BiTA membership has grown, companies in all areas of the supply chain have joined forces to help us work toward common blockchain standards that will define the future of freight movement,” declared BiTA president Chris Burruss. “Norfolk Southern brings a level of intermodal and rail expertise to the Alliance that will benefit all members and the industry as a whole."

Noting the use of blockchain technology will introduce greater transparency to a supply chain, Burruss added: "We are fortunate to have member companies like HCL Technologies, who have experience with blockchain applications. They will be a key player in helping us develop blockchain standards in transportation.”

Founded in August 2017, Alliance members include truckload, LTL and parcel carriers, forwarders, manufacturers, law firms plus technology and insurance companies.

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