FASSTO, a leading smart logistics company, has attracted strategic investment from Lambda256 , a blockchain and data analysis company, and is accelerating logistics data innovation based on AI and blockchain.
This investment attraction is an extension of the strategic business agreement (MOU) signed by the two companies. Since signing the MOU, the two companies have been jointly pursuing logistics data analysis, deriving core strategies, and establishing implementation plans by combining Pasto’s large-scale logistics data and Lambda256’s real-time data processing and analysis technology.
Through this strategic investment, the two companies plan to utilize AI-based logistics data analysis technology to track real-time logistics flow and optimize operations through predictive analysis. In particular, they plan to establish strategies to improve risk management and process efficiency, and to provide an optimal decision-making support system by analyzing sales data from various angles as well as accurate demand forecasting to maximize seller profitability and convenience.
FASSTO is providing automated logistics operations and integrated fulfillment services centered on Yongin Center 1 and 2, which received the Ministry of Land, Infrastructure and Transport’s 1st-class smart logistics center certification. It is maximizing shipment productivity by utilizing its own patented technology and operating an integrated logistics system including middle-mile transportation. Through this collaboration, it plans to maximize data-based logistics operation efficiency and provide sellers with more systematic and reliable logistics services.
Lambda256 is a company that possesses blockchain and data analysis technology for the Web 3.0 ecosystem, and has successfully applied blockchain technology in various industries such as finance, content, and distribution. Through this collaboration, they plan to build a blockchain-based logistics data warehouse and enhance data reliability and transparency in the logistics industry through advanced data analysis.
Through this strategic investment, the two companies plan to focus on enhancing their smart logistics platform and maximizing data-based fulfillment operational efficiency. In particular, they plan to strengthen seller-tailored logistics analysis services and improve real-time logistics flow analysis and prediction functions to build a faster and more effective logistics process.
To this end, we plan to introduce a data support system that can maximize operational efficiency by advancing AI-based logistics prediction technology and establishing a multidimensional analysis system that applies ontology. In addition, we plan to continuously pursue research and development to realize cost reduction and service quality improvement through automation and optimization of logistics operations, and to maintain competitiveness in the global logistics environment in the long term.
A FASSTO official said, “Through the strategic investment from Lambda256, we plan to optimize the use of logistics data and provide smarter logistics services to sellers,” and “We will lead the innovation of smart fulfillment operations using AI and blockchain.”
Lambda256 officials also said, “This investment is an important turning point in expanding the application of blockchain technology in the logistics industry,” and “By combining the strengths of both companies, we will build a highly reliable AI logistics data platform and lead global logistics innovation.”
In the future, the two companies plan to create a smart logistics ecosystem through continuous research and development and cooperation, and provide innovative fulfillment services with competitiveness in the domestic and international logistics markets. This cooperation will be an important opportunity to accelerate the digital transformation of the logistics industry, and the two companies are expected to establish themselves as leaders who set new standards in the global logistics market.
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