Blockchain and The Final Mile

Presenter: Shankhri Balaji

My Background

• Economics & Supply Chain

• B2B marketing & consulting for networking products and VR/AR

• Product workshops for end-users

• Currently leading Fr8 Network’s marketing & community efforts

I think I’ve heard of Blockchain…

• The Silk Road

• Satoshi Nakamoto – The Bitcoin Whitepaper

• Media & trends in the market today

• Beyond Bitcoin as a disruptive technology

What is Blockchain?

A chain of blocks

What are “blocks”?

Some Use Cases

What is an ICO?

• New age crowdfunding

• How is it different from IPO

• How do companies use an ICO?

• Tokens vs. Coins

Global Logistics

Every year, millions of competing entities across the supply chain rely on an intricate fleet of trucks, ships, planes and trains to transport approximately 92 billion tons of physical goods.

By 2023, the global logistics industry will be valued at $15.5 trillion.

Source: Transparency Market Research Report

The Global Logistics Problem Broken Down…

• Redundancy & Reconciliation

• Low Standards Adoption

• Limited Data Transparency

• Poor Incentive Alignment

• Price Manipulation

• Complex, Inefficiency Tracking & Coordination

• High Risk of Theft & Fraud

• Environmental Impact

Poll: Which of these problems most negatively affects your business or your role?• Redundancy & Reconciliation

• Low Standards Adoption

• Limited Data Transparency

• Poor Incentive Alignment

• Price Manipulation

• Complex, Inefficiency Tracking & Coordination

• High Risk of Theft & Fraud

• Environmental Impact

What is the Final Mile?

The “Final Mile” is an essential component in every full scale shipping operation. From consumer goods to hazardous

materials, it represents the final leg of the journey as well as the key interaction with the end-user or costumer.

How does the Final Mile affect businesses?• Cornerstone to driving growth & profitability

• Customer experience moved into LM and therefore ratings & reviews

• Retailers & Logistics partners are increasingly shouldering the cost of delivery

Final Mile Challenges

• Urban Delivery

• International & Rural Delivery

• Driver Shortages

• Capacity Crunch

• Customer Expectations

• Assembly

• Specialized Installation

• Economies of Scale

Final Mile: Areas For Improvement

• Minimizing Cost

• Ensuring Transparency

• Increasing Efficiency

• Making Delivery Frictionless

• Improving Infrastructure

Blockchain Solutions

• Visibility & Tracking

• Provenance

• Trustless Record Keeping

• Immutable

• Data Security

• Data Management

• Settlement Services

• Insurance

• And more…

Why do end-users care?

• Speed & visibility at every stage

• Increased attention to provenance and sourcing

• Service that is personalized, efficient and convenient

• Shipping pricing!!!

• Omni-channel solutions involve the customer

The Fr8 Protocol

A standardized logistics protocol layer that enables the secure, compliant and efficient management & development of digital

applications (dApps)

Blockchain + Industry 4.0

• Blockchain works best in tandem with other disruptive technologies

Other Solutions

• Drones• Dobby: A flying selfie drone – tracks

facial expressions

• Self-Driving Cars• Mercedes’ ‘Vision Van’: an electric,

self-driving mini-warehouse & mothership

• Delivery Robots• Starship Technologies ‘Pavement

Droid’: self-driving delivery robot for takeaway meals

• Stock Segways• Segway-powered ‘4D Space Genius’

provides daily audits and exception reporting

• Click & Collect• Doddle: offers software, training,

comms & analytic modules

• Last-Mile Storage• Coles: multi-compartment lockers

• Kiosks & Small-Form Outlets• Argos: contactless payment kiosks

and pop-up shops

• Uber for Delivery• Amazon Flex & Uber Freight

Challenges

• Don’t know where to begin

• Hiring technical talent or training existing staff

• Educating team members on how to use the technology

• Capital for investing in research and development

• Not an overnight solution

• Technology evolving at a fast past, hard to keep up with it

• Start anywhere • Multitude of people, courses,

videos, reports, companies, etc.

• Partnerships, Dev Shops, Consortia, Meetups

• Build with users in mind

• Understand your blockchain users and business problems

• Don’t get left behind• Build a sustainable product,

culture, and team

Suggestions

Where to get started?

• Industry Reports (i.e. IBM, DHL, Accenture, etc.)

• Educate yourselves and your companies

• Talk to your technical team

• What are the main challenges your business & employees face?

• End-user and partner research

• Reach out to multiple solutions providers to understand the onboarding processes and requirements for beginning research and development

• Who do you trust? Who’s an expert?

Contact InfoShankhri Balaji

shankhri@fr8.network | @shankhri

linkedin.com/in/Shankhri

Website: fr8.network

Social Media: @fr8network

Telegram: