FASSTO, a Korean smart logistics company, has secured strategic investment from Lambda256 to accelerate AI and blockchain-based logistics data innovation. The amount remains undisclosed.

This investment follows a strategic memorandum of understanding (MOU) signed by both companies. Since the MOU, FASSTO and Lambda256 have collaborated by integrating FASSTO’s vast logistics data with Lambda256’s real-time data processing and analysis technology to jointly pursue logistics data analysis, derive key strategies, and develop implementation plans.

Through this strategic investment, the two companies plan to leverage AI-based logistics data analysis to track real-time logistics flows and achieve operational optimization through predictive analytics. Specifically, they aim to establish strategies for risk management and process efficiency, while maximizing seller profitability and convenience by offering precise demand forecasting and multifaceted sales data analysis to provide an optimal decision-support system.

FASSTO operates automated logistics and integrated fulfillment services, centered on its Yongin 1 and 2 centers, which hold the Ministry of Land, Infrastructure and Transport’s top-tier smart logistics certification. Using patented in-house technology, it maximizes shipping productivity and manages an integrated logistics system, including middle-mile transportation. This collaboration aims to enhance data-driven logistics efficiency and deliver more systematic, reliable services to sellers.

Lambda256, a company with blockchain and data analysis expertise for the Web 3.0 ecosystem, has successfully applied blockchain technology across finance, content, and distribution industries. Through this partnership, it plans to build a blockchain-based logistics data warehouse, enhancing data reliability and transparency in the logistics sector through advanced analytics.

The companies intend to use this strategic investment to refine their smart logistics platform and maximize data-driven fulfillment efficiency. They will focus on strengthening seller-tailored logistics analysis services, improving real-time logistics flow analysis and prediction capabilities to create faster, more effective processes. To achieve this, they will advance AI-based logistics forecasting technology, introduce a multidimensional analysis framework with ontology, and implement a data support system to optimize operational efficiency. Additionally, they aim to reduce costs and improve service quality through logistics automation and optimization, pursuing ongoing R&D to maintain competitiveness in the global logistics landscape long-term.

FASSTO stated, “With Lambda256’s strategic investment, we will optimize logistics data utilization and provide smarter services to sellers. We aim to lead innovation in smart fulfillment operations using AI and blockchain.”

Lambda256 added, “This investment marks a pivotal shift in expanding blockchain applications in logistics. By combining our strengths, we will build a trusted AI logistics data platform and drive global logistics innovation.”

Moving forward, both companies plan to foster a smart logistics ecosystem through continued R&D and collaboration, offering innovative fulfillment services competitive in domestic and international markets. This partnership is expected to accelerate digital transformation in the logistics industry, positioning both as leaders setting new standards in the global market.