JP Morgan-Backed Company Partners with Startup Founded by Ex-Deloitte Exec2

Blockchain seems to be catching on in the logistics sector. According to a tweet, Smartrac just partnered with SUKU Ecosystem, which is a blockchain startup headed by Eric Piscini, a former Deloitte exec. Smartrac is backed by JP Morgan, who has a mixed history with blockchain technology and cryptos.

Smartrac is a radio-frequency identification (RFID) inlay producer that is based in the Netherlands. The company is looking for help integrating its supply chain. SUKU is partnered with Citizens Reserve, who released the alpha version of SUKU last year. SUKU is a blockchain-based supply chain as a service platform.

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