The logistics industry has been growing at a compound annual growth rate (CAGR) of 5.6% in 2023 and is expected to reach a market size of $14.08 trillion by 2028. This growth can be attributed to the increasing demand for e-commerce, globalization, and the need for efficient supply chain management.
FTIP’s blockchain solution for logistics aims to streamline the process of documentation and storage, thereby reducing inefficiencies and costs. With our technology, we can track goods from the point of origin to the point of destination, ensuring that they are not tampered with or lost along the way. Our technology can be used in logistics and trucking to lower shipping costs and eliminate inefficiencies. Our solution can also bring greater transparency and traceability to logistics services, improving efficiency and automated operations.
FTIP aims to grab a significant market share from the logistics industry. Our technology can help companies reduce costs, improve efficiency, and enhance collaboration and trust between stakeholders through increased security and streamlining how documents are stored encrypting them on-chain.
The logistics industry is growing at a steady pace, and FTIP’s blockchain solution can help companies stay ahead of the curve by reducing inefficiencies and costs. By leveraging our technology, companies can improve their supply chain management and gain a competitive edge in the market.