Blockchain technology will be put to the test in a real world environment as a major project involving 16 organisations is launched. The two-year, €2.2m programme will develop three concrete case use pilots in the logistics sector.

This is the first time anywhere in the world that a concrete blockchain project of this standard has been launched with partners in the logistics sector. The project is initiated by TKI Dinalog (the Dutch Institute for Advanced Logistics) in collaboration with Delft University of Technology (TU Delft), ABN Amro, the Port of Rotterdam, Royal FloraHolland, SmartPort, the SCF Community and others.

Three case use pilot projects will be undertaken, covering smart contract finance for carriers, asset-based inventory finance and the circular economy. They will bring together operational information, financial flows and contracts.

Johan Pouwelse, project manager and associate professor at TU Delft, said: “This project is not about discussing potential, we are actually going to put wo4rds into action.”

The 16-partner consortium comprises: TKI Dinalog, TU Delft, Windesheim University, the Supply Chain Finance Community, TNO, Centric, Exact, ABN AMRO, SmartPort, Royal FloraHolland, the Port of Rotterdam, FBBasic & Cirmar, BeScope Solutions, NBK, Innopay, and TransFollow.

Read Michiel Steeman’s column: Viewpoint: Building real-life pilot projects with blockchain