Intelligent Transportation & eFreight
Blockchain in the Supply Chain: Reducing Friction for Faster and More Efficient Logisitics
This report looks at emerging use cases for blockchain in the supply chain industry (which includes manufacturing, sourcing, procurement, processing, management, compliance, insurance, logistics, telematics, tracking, monitoring, purchasing, sales and marketing). How does blockchain fit into the increased digitization of the industry and what issues can it solve? As an emergent technology, the focus is on proof of concepts and pilots currently being run by ecosystem players, as well as evaluation of market maturity, potential revenue models, startup dynamics, and industry alliances.Continue
Reports & Data
China has the ambitious goal of 10% to 20% autonomous vehicle penetration by 2030; with semi-autonomous vehicles for sale by 2021. The roadmap to full autonomy is supported through increased focus on geo-mapping technologies. Mapping contenders include NavInfo (which, along with Tencent and GIC, took a 10% share of HERE and created a Joint Venture (JV)) and AutoNavi (Alibaba US$1.5 billion acquisition in 2014), with at least 14 firms licensed to conduct geo-mapping in China. These leverage the BeiDou Navigation Satellite System (BDS), with 210,00 kilometers of China’s highways already mapped. BDS is the Chinese response to the U.S.-founded Global Positioning Satellite (GPS) system. The technology’s positioning services and devices equip more than 4 million taxis, long-haul buses, and cargo trucks. Since 2018, BDS has exceeded the number of GPS satellites (35 versus 31). It is expected to become global by 2020, with claims of performance to far exceed that of GPS.
It is believed that of the 612,000 bridges in the United States, more than 130,000 – over 21% - are either functionally obsolete or structurally deficient. Eighty-seven of these bridges are in Palm Beach County, Florida and the full list even includes iconic infrastructures such as the Brooklyn Bridge. Over one in four of the bridges are 50 years old or more, without having had any major reconstruction. About 55,000 are estimated to require significant repairs and unfortunately, these bridges are crossed 185 million times per day. At the current rate, it will take about two decades to repair just the bridges currently identified.
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