LOS ANGELES – Aug. 7, 2018 –
Omnichain Solutions (Omnichain),
a supply chain technology startup that leverages the power of Blockchain,
announces it has joined the Blockchain in Transport Alliance (BiTA).
Composed of experienced tech and transportation organizations and executives,
BiTA’s mission is to lead the development of Blockchain standards and education
throughout the supply chain industry. It plans to open the dialogue and bring
together thought leaders in Blockchain for supply chain.
On joining BiTA, Pratik Soni, co-founder and CEO, Omnichain, said, “Today’s
global supply chain has struggled too long with disconnected operations, which
not only lead to inefficiencies, but also hurt financial outcomes. But now, the
industry is starting to recognize the enormous potential that exists in a
connected digital value chain, making Blockchain a major buzzword among
decision makers. Omnichain is excited to join BiTA in progressing the
technology and educating organizations in how to move beyond the hype and make
Blockchain a real, beneficial tool for their businesses.”
Founded by supply chain and technology innovators, Pratik Soni and Ray
Young, Omnichain was developed with the vision to connect fragmented, linear
supply chains with a digital record of all goods movement and inventory levels
from source to shelf. Omnichain’s patented solution uses Blockchain technology
to provide consumer packaged goods (CPG) brands, e-tailers and retailers
seamless data flow from end to end. With real-time insight into online and
store-level demand, Omnichain’s clients can make proactive decisions in
manufacturing planning and replenishment, capture more sales and increase
To learn more about the factors driving supply chain inefficiencies and
how holistic, supply chain management through Blockchain can help, visit www.omnichains.com.
Founded in August of 2017, BiTA promotes the development and adoption of
blockchain applications in the trucking, transportation and logistics
industries, including establishing industry-wide standards. Members include
truckload, LTL, and parcel carriers, as well as shippers, tech startups and
incumbents, insurance companies, law firms, and other industry participants who
have an interest in integrating blockchain technology into their organizations.
Visit BiTA at https://bita.studio/.