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BNSF Joins Group Exploring Use of Blockchain in Freight

Warren Buffett’s railroad is jumping into the blockchain game.

By Noah Buhayar, Bloomberg | Updated on February 05, 2018

BNSF Railway, which is owned by Warren Buffett’s Berkshire Hathaway Inc., said Monday that it has joined the Blockchain in Transport Alliance, a group of more than 200 freight and logistics companies that are exploring how to use the digital-ledger technology in their industry.

The effort is still in its early stages, but the group has already attracted companies including United Parcel Service Inc. and FedEx Corp., as well as trucking firms like Schneider National Inc. BNSF, one of seven major railroads in the U.S. and Canada, is the first of its peers to join the alliance.

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