Lync America Joins Blockchain In Transport Alliance

Tuesday, January 23, 2018

Lync America has joined other transportation industry visionaries by collaborating with the Blockchain in Transport Alliance (BiTA), an alliance formed to ensure standardization of blockchain technology in logistics and throughout the supply chain. Lync America, founded in 2014, has become one of the fastest growing third-party logistics providers in the country, with more than 1,400% revenue growth over three years.

BiTA was formed to create a forum for the development of blockchain standards and education for the freight industry, with a goal to bring together leading companies in the freight and technology industries that have a stake in the development of blockchain technology.

Lync America recognizes the significance of blockchain technology and the potential for blockchain to not only be disruptive in the logistics industry, but also the potential for blockchain to transform and improve the processes currently used throughout the industry to contract, arrange, and track freight movements.

“We are very excited to join this alliance and contribute to the success of BiTA. We believe that blockchain technology will have a transformative effect on the logistics industry in the coming years and we are proud to join hundreds of other forward-thinking BiTA members to help shape the future of our industry,” said Brent Goldberg, chief financial officer of Lync America.

A blockchain is a decentralized, digital, public ledger of transactions. Originally developed as the accounting method for virtual currency Bitcoin, a blockchain underlies a distributed ledger that has a wide variety of commercial applications.

Lync America joins over 1,000 companies that have applied for membership with BiTA. The alliance’s first blockchain standards in freight will be developed and published in 2018; addressing smart contracts, freight payment, asset maintenance, transparency, chain of freight custody, and more.



New Hamilton County Businesses

Here are the new business licenses from the County Clerk's office: ACES PRESS LLC SUSAN  STOKER 3 PUBLISHING 711 SIGNAL MOUNTAIN ROAD STE 175 CHATTANOOGA TN 37405 AT HOME COMPLETE CARE TINA  JAMES 3 SITTING SERVICE FOR ELDERLY 5808 RINGGOLD ROAD EAST RIDGE TN 37412 BACK TO BLACK RICHARD  EDEN 4 CUSTOM SEALCOATING & ... (click for more)

Chattanooga Chamber Calendar Of Events May 28-June 1

May 29, Leveraging Social Media 5:30 to 7 p.m. Chattanooga WorkSpace: 302 W. 6th St. During this class, learn the right platforms for your business to be on. $15 Register at thechattery.org .     May 31, Small Business Orientation: Morning Seminar 11:30 a.m. to 1 p.m. INCubator: 100 Cherokee Blvd. (Please park ... (click for more)

Pedestrian Struck And Killed On Hixson Pike Saturday Night

A pedestrian was struck and killed on Saturday night on Hixson Pike. Chattanooga Police Department responded at 10:05 p.m. to a pedestrian struck at 5400 Hixson Pike.   A Ford F150 driven by Francis Lamonica, 66, was traveling north in the fast lane. The pedestrian was attempting to cross the roadway and was struck by the vehicle.   Mr. Lamonica was ... (click for more)

Aaron Biddle, 21, Shot And Killed On Basswood Drive Saturday Afternoon; Jadarius Knox, 23, Arrested For Criminal Homicide

Aaron Biddle, 21, was shot and killed on Saturday afternoon. Jadarius Knox, 23, has been arrested, and charged with criminal homicide. The Chattanooga Police Department responded around 3:45 p.m. to the 7800 block of Basswood Drive on reports of a person who had been shot.  Upon arrival, police were able to locate the victim who had succumbed to his injuries. Knox ... (click for more)

Erlanger Is Earning Its Money

First of all, I don’t know what I’m talking about. However, I do have an opinion on the facility based on my past and recent visits thereto. Secondly, if you find yourself at Erlanger for anything other than welcoming a brand new baby or something else that’s happily miraculous, you’ve either done something stupid (me); somebody else did and you’re paying the price, or, God gave ... (click for more)

Roy Exum: Memorial Day, 2018

Sometime next Monday , the GrowJoy Nursery in Indiana is going to send me a dozen yellow flowers and I am going to do something with them that will be a lot of fun for me. Each of the Gold Star Perennial Mums comes in a 2.5-inch pot and costs $8.58 apiece and that includes free shipping. What’s more, for every plant GrowJoy sells, they will give $5, again from each plant, to ... (click for more)