Three years ago, the company Convoy was founded with the goal of using technology to provide an Uber-like service for booking on-demand freight shipments. Investors like Jeff Bezos and Waymo-parent Alphabet have invested in the company, which recently surpassed $1 billion in valuation. HDT's Deborah Lockridge checked in to see what the company is working on now.
Blockchain-Based Shipment Uses Smart Contracts
Startup company dexFreight says it has completed its first blockchain-based shipment using smart contracts, allowing the shipper and carrier to directly connect, negotiate rates, and schedule pickup and delivery.