Photo: Thinkstock
quotI see blockchain as one way for carriers to protect themselves to officially hand off goods to the next person in the supply chainquot Jim Hayden executive vice president of products at Savi Technology Photo courtesy of Blockchain Technologies

New McLeod Software incorporates permissioned blockchains

May 28, 2018
McLeod is looking to update its automated business software with blockchain technology.

McLeod is looking to update its automated business software with blockchain technology.

The company recently announced its move to allow smart contract design in collaboration with permissioned blockchains. An early version was displayed to demonstrate how the old software will work with blockchains.

McLeod’s FlowLogix Smart Contracts addresses the weak link in smart contracts: how administration transforms these documents into code. It is challenging to relay them perfectly and for the process owners, in turn, to authenticate how they run in everyday use using layman’s terms. This new software relies on visual logic, workflow strategy and built-in simulation assessments to ease the burden and alleviate confusion for creators and process owners.

Customers will be able to do a trial run of the smart contract with the permissioned blockchain distributed legers prior to execution. FlowLogix Smart Contracts will help users craft logic, data mapping, automated communication mechanisms, business triggers and formatting API to blockchain frameworks to satisfy necessary collaboration with a smart contract expressed by a permissioned blockchain.

McLeod Software will create APIs in FlowLogix Smart Contracts following regulations set by the Blockchain in Transport Alliance. This serves twofold: to facilitate McLeod users’ construction of their business process solutions as they relate to permissioned blockchains, and to allow current FlowLogix customers automation in modernizing their preexisting solutions to run in a permissioned blockchain environment.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

What challenges are top of mind for fleet professionals in 2025? Get exclusive insights from the 2025 Fleet Trends Survey and discover where the industry is headed next.
The most successful fleets accomplish more than delivering freight. To accomplish this, fleets need a fuel that’s reliable, more economical and more sustainable. That fuel is ...
Are your KPIs driving real fleet improvement? Learn how to set smarter, data-driven benchmarks, track success like top-performing fleets, and apply proven strategies to optimize...
Learn how eets can enhance truck utilization and minimize safety incidents using business intelligence and AI. Delve into innovative practices, technology integration and real...