News Finland Partners with Esentia.One to Build Blockchain Solutions for...

Finland Partners with Esentia.One to Build Blockchain Solutions for Logistics

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The Finnish government has announced another collaborative effort with decentralized interoperability protocol Esentia.One to build blockchain-based solutions for smart logistics. The effort is the second pilot program that the two entities have worked on together–the first, which began in April of 2018, was built to track production chains and reduce unemployment rates.

“The success of our first e-government blockchain project with MTK meant we built a level of mutual trust,” said Matteo Gianpietro Zago, co-founder of Esentia.One. “As passionate believers in the underlying value in blockchain, we knew that we could adapt the technology to solve many more issues in different governmental departments.”

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Esentia.One Will Work With Finland’s ‘Corridor as a Service’

This time around, Esentia.One is working with ‘Traffic Lab’, a government organization that securely logs information associated with end-to-end deliveries. The plan is to build a system in which the information, which would include delivery contents and contact information, is easily accessible by permitted parties.

“We envision the Esentia protocol completely revolutionizing the methods of data management,” said Zago. “The proven power, and benefits of Blockchain technology will give Finland’s international logistics hub that extra competitive edge.”

The move also represents the latest in a series of initiatives by the Finnish government to position the country as one of the world’s leading logistics hubs.

The pilot will eventually be presented to several Finnish government organizations that have associations with the logistics industry: the Finnish Ministry of Transport and Communications, the Finnish Transport Safety Agency (Trafi), the Finnish Transport Agency, the Finnish Communications Regulatory Authority, the Finnish Customs, and other member organizations of Finland’s Corridor as a Service (CaaS) ecosystem.

Finland Ups its Blockchain Game

The Finnish government has explored several other blockchain initiatives. In September of 2017, the Finnish government announced a partnership with local startup MONI to provide refugees with blockchain-based debit cards that would also record identity information.

“Our purpose has always been financial inclusion, and especially to help people in developing countries,” said MONI Ceo Antti Pennanen.



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