Blockchain has the potential to completely transform fleet operations

It is very exciting to observe that, Blockchain has the potential to completely transform fleet operations through efficient performance by offering sustainable benefits and added security. Truck fleets are expected to benefit considerably through blockchain solutions that allow for efficiency, security, and time and cost reductions across various areas such as leasing, insurance, service and maintenance, refuelling, parking, freight brokering, and cargo safety. The vehicle purchasing process for fleets using blockchain brings all the relevant stakeholders on a common platform, enabling them to share and view information in real time. Investing in blockchain is expected to smoothen fleet operations by improving overall operational efficiency and reducing costs.