Physical Internet Platform
The global transport sector accounts for 22% of GHG emissions of which 34% can be accounted to trucks [1].
In our global and regional demand for goods there is an urgent need to make transportation more sustainable and the most promising way to do so is the use of standard containers in combination with a package delivery system similar to the internet, called the Physical Internet (PI).
Source: Montreuil, B., R.D. Meller, E. Ballot (2010), Towards a physical internet
Transportation logistics is very inefficient (less than 10% overall efficiency) and therefore massive savings in cost and carbon-emissions can be utilized.
Source: Ballot E., B. Montreuil, R. Meller (2015), The Physical Internet: The Network of Logistics Networks
The problem to be solved is the incredible complexity for the value accounting of deliveries and storage by thousands of independent organizations.
The solution is a blockchain based automatic accounting, utilized through extensive use of RFID technology and fully automated storage facilities. Over time also the trucking itself will become fully automated and fully electric, so that finally transport has the least possible impact onto the environment.
Last modified 2yr ago