Last week at Rotary, we heard BasicBlock CEO Taylor Monks explained BlockChain Technology. BasicBlock is a platform for trucking companies to streamline their workflow with electronic paperwork and directly communicate with manufacturers and shippers without the need for third parties. Using Blockchain technology, BasicBlock connects trucking companies directly with manufacturers, providing electronic proof of deliveries and bill of ladings. The company uses smart contracts to immediately distribute funds upon delivery and electronic signatures. President Randy Bretz hosted Taylor Monks last week and he used the below "visual" to help explain Blockchain technology to Rotarians. L to R: Maury Halstead, Scott Larson, Lorie Cook-Benjamin, Christina Usher, Jennifer Brinkman, & Andy Greer with President Bretz Photo credit: Andrew Loudon |