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This system helps manage the shipping of goods by connecting shippers with logistics providers. It gathers pricing and service details from various providers and combines them with a shipper's specific needs, like container size and destination, to generate a dynamic quote. Once a quote is accepted, the system creates automated agreements, known as smart contracts, which monitor the shipment's progress and automatically trigger actions, such as payments, when agreed-upon conditions are met.
Why it matters: Filed when enterprise blockchain and smart contract tooling were nascent. Today, mature platforms and improved API standardization significantly reduce the technical hurdles for integrating and deploying such a complex system.
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