The Blockchain Research Institute (BRI) and Blockchain in Transport Alliance (BiTA) today announced a new partnership to improve coordination, cooperation and governance within their respective memberships.
The new partnership will support both BRI and BiTA members in their efforts to build and support a collaborative network of leaders in blockchain technology, specifically as it pertains to supply chain management.
“One of the most crucial messages we provide our members is regarding the need to collaborate and cooperate with other partners in the industry,” said Don Tapscott, co-Founder and Executive Chairman of the BRI. “BiTA is an example of that kind of collaborative effort helping accelerate the implementation of blockchain technology.”
The BRI’s research agenda, which members receive proprietary access to, features over a dozen reports pertaining to blockchain’s impact on transportation, logistics, and supply chain management, and their impact on a variety of different industries. As a result of the partnership, BiTA will be able to leverage the BRI’s roughly $5 million in research to improve its efforts to build standards for industry cooperation in transport and logistics.
Chris Burruss, BiTA president, said: "I believe strongly that the BRI-BiTA partnership will benefit BiTA’s members. The Alliance was established by experienced technology and transportation/logistics experts to build common standards and promote education about blockchain. BRI’s blockchain research will be valuable to our members, and they will have opportunities for other services from the Institute.”
Founded in August 2017, BiTA has quickly grown into the largest commercial blockchain alliance in the world, with more than 450 members that collectively generate over $1 trillion in revenue annually. BiTA members are primarily from the freight, transportation and logistics industries. Alliance members share a common mission to develop a standards framework, educate the market on blockchain applications and encourage the use of those applications.
BiTA is investigating use cases and developing a common framework the industry can use to build blockchain applications. Through think-tank events, networking, meetings, webinars and online collaboration, members work with peers on common issues and share best practices. The Alliance has offices in Chattanooga, TN, and Singapore. For more information, please visit the BiTA website at www.bita.studio/.
About the BRI:
The Blockchain Research Institute (BRI) is a global think-tank that helps organizations realize the new promise of the digital economy by researching the strategic implications of blockchain technology and producing practical insights to guide its members in achieving success. The BRI was founded in 2017 by Don and Alex Tapscott, the co-authors of the best-selling book Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World.
The Institute’s global team of experts has 70+ research projects underway in the areas of financial services, manufacturing, retail, energy and resources, technology/media, healthcare and government; as well as how this nascent technology is changing the way companies are managed. To complement the research, the Institute offers a suite of services to its members, including a private website for the sharing of deliverables, monthly webinars, all-member summits, and other exclusive activities. The Institute’s research findings, conclusions and recommendations will be ultimately be released under a Creative Commons license.