Sheer Logistics announced today that they have joined the Blockchain in Transport Alliance (BiTA). 

BiTA (www.bita.studio) believes blockchain is one of the most significant developments for the logistics industry since the creation of the internet. By providing more clarity and standards around blockchain through education and promotion of the technology, BiTA intends to be the leading blockchain voice for the industry.

The creation of even simple products involves huge numbers of participants who don't know each other. Leonard Read's classic essay, “I, Pencil,” illustrates this point eloquently, showing that nobody in the world knows everything about making the pencil you buy in a store. He notes the “absence of a master mind” in its creation. People who live far away from each other and don't know each other play roles in the supply chain.