Author: Jagdish Kumar, India
In order to bring transparency in logistics business, Delhi based startup company, CourierHome will be using Blockchain technology and AI for logistics sector in India.
By using this, the company aims to create transparency of all documents and transactions across the freight landscape, increasing the efficiency, agility and innovation of supply chains.
Prateek Sharma, Founder & CEO – CourierHome commented on this initiative said that with the Blockchain application, the trillion dollar logistics sector will go the next level. With the help of new technologies and implementation in the sector, it can prevent frauds, eliminate inaccuracies, increase data security and transparency, improve efficiency, and reduce expenditure.
Growing at a rate of 150% every month and covering over 20,000 post codes, the company with the implementation of the new-age technologies has automated the entire courier process making it more efficient.
Today the industry faces multitude of problems including transparency in supply chains with many end consumers not knowing where their products have come from, complex processes and a lack of accountability. With the usage of Blockchain technology, the company is creating a transparent and efficient system for managing all documents and transactions involved in the logistics and supply chain process, CourierHome Co-Founder & COO Sushant Kumar said.
Another important development is that any customers can book the service from the application or from the website with pickup service available all over India. The customer can track their order and get updates directly through the app.
The company has also partnered with the world’s top logistics giants namely FedEx, Aramex, Holisol, Delhivery and many more for both domestic as well as international deliveries.