VALENCIA, Calif., Dec. 07, 2021 (GLOBE NEWSWIRE) — Loadchief, a number one digital platform that connects supply firms with credentialed “ready-to-go” skilled drivers, immediately introduced the trade’s first blockchain integration. As commerce continues to shift to digital platforms that use on-demand drivers and real-time funds, the danger of dangerous actors and cyber criminals additionally will increase. Powered by VeloChain from Velo Funds, the brand new Loadchief integration will improve transactional safety, verification, and archival capabilities throughout the system.
“Blockchain is an important milestone to fortify the last-mile supply ecosystem towards cybercrime,” stated Louis Esbin, CEO of Loadchief. “As increasingly funds go digital, blockchain is an important protect to guard the integrity of our techniques.”
The combination of VeloChain to Loadchief’s platform permits every stakeholder within the supply chain (clients, drivers, supply firms, and many others.) to confirm their very own half within the supply course of. Importantly, all events can really feel safe realizing that their information is cryptographically safe, verifiable and undisputable. The info will also be saved in such a means as to restrict notably delicate information to just one consumer, reminiscent of personally identifiable data.
“Drivers should belief that the work they do might be compensated appropriately. Supply firms should belief that the transactions they’re paying occurred. Blockchain offers a digital stamp of confidence for each, enabling extra transactions between a wider vary of firms and people,” stated Esbin.
“The last-mile supply trade is a perfect utility of VeloChain. Every stakeholder must know that their view of the transaction is precisely represented,” stated John Davies, CTO of Velo Funds. “There’s, sadly, not all the time belief between companies, particularly with short-term, advert hoc transactions. VeloChain offers that belief with out compromising privateness or safety.”
About Loadchief
Loadchief is a revolutionary platform connecting supply firms with credentialed, impartial drivers to supply on-demand and routed supply companies. Utilizing the platform, supply firms can improve their supply attain and open new markets with an on-demand pool of fastidiously vetted {and professional} “able to go” contractor-drivers.
Study extra about Loadchief go to https://www.loadchief.com.
About Velo Funds
Velo solves complicated enterprise funds issues for enterprise clients by reducing the burden on inner accounting groups. By intelligently automating payouts, firms save money and time whereas concurrently decreasing errors and uncertainty. Velo exceeds the enterprise-grade, excessive safety expectations of essentially the most demanding banks, monetary establishments and huge enterprises.
Study extra about Velo at https://www.velopayments.com.
MEDIA CONTACT: George Passantino, 661-400-5840, George@Loadchief.com
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