NS Joins Blockchain Group

Norfolk Southern has joined the Blockchain in Transport Alliance, a trade association of 250 members created in August 2017 to develop standards and education in blockchain technologies, a field focused on the peer-to-peer recording of transactions through use of cryptography and distributed ledgers.

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

BiTA said this enables freight and transportation companies to work toward development of supply-chain efficiencies.”

“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 NS Vice President Information Technology and Chief Information Offik cer Fred Ehlers.

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