Tradeshift, a Danish company specializing in supply chain management using cloud technology said that they are ready to develop blockchain-direction. This will be done with funds that the company received on Wednesday, may 30, in the latest round of funding.

Round E-series, the main participants were major investment Bank Goldman Sachs and the pension Fund PSP Investments has attracted $250 million, resulting in total investment amounted to more than $400 million Previously Tradeshift called key areas for the growth of the blockchain, and artificial intelligence. Development in these areas, the company will engage in its innovation lab Frontiers, which opened in January this year.

CEO and co-founder of Tradeshift, Christian lang commented on the news:

“We have always believed that the future of business in the field of supply chain management is 100% digital. The investment will allow us to continue the rapid growth and strengthen our leadership position. We welcome Goldman Sachs and PSP Investments in the quality of our new investors and look forward to their valuable inputs as soon as we enter our next phase of growth”

Note that, the benefits of the blockchain in the field of logistics are increasingly attracted by commercial companies. So, yesterday it became known that the Swiss supplier of air transport services Swissport has begun testing its own blockchain-based platform for handling. Use the blockchain to track the supply plans of the Korean manufacturer Samsung smartphone, a subsidiary of LG has developed its own logistics blockchain platform.