Berkshire Hathaway-owned BNSF, which is a railway found in Ft. Worth, Texas is the latest member of Blockchain Transport Alliance (BiTA). BiTA comprises of more than 200 freight and logistics plays which are very interested in establishing distributed ledger technology in to the industry. Despite this industry which is also associated to Billionaire Warren Buffett accepting to use Blockchain which is also the underlying technology for Bitcoin Buffett has stated that the has no intention of going near cryptocurrencies.

In the meantime, the Blockchain technology continues to gain more attention from different sectors of the economy. A good example is FedEx which already has Blockchain projects underway with the main focus being customer service and especially conflict resolution. This is because Blockchain brings transparency, ensures safe storage of data and fastens the transaction process.

Read more: https://cryptona.co/railroad-owned-warren-buffett-joins-blockchain-transport-alliance-bita/