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February 5, 2024

Air Cargo Next: Aventus Founder Touts Web3 for Supply Chain

Aventus Founder and Chairman Alan Vey discusses how Web3 technology works, how it benefits supply chain operations and how the air cargo industry is lagging other sectors in digitalization in this episode of On Air with Air Cargo Next.

“The technology that is required to create this digital ownership model that exists within Web3 is blockchain,” Vey said. “And blockchain is basically […] a new kind of database. It has certain properties that never previously were possible in software databases. And some of those properties lend themselves very well to supply chain use cases.”

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