ABP Jumps On The Blockchain Bandwagon

UK’s port operator Associated British Ports (ABP) has signed a Memorandum of Understanding (MOU) with digital logistics enabler Marine Transport International (MTI) on exploring the implementation of blockchain technology to improve port connectivity. ABP operates 21 ports across the UK, handling 25% of the country’s seaborne cargo. As such, being able to transfer all types
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ODeX India Solutions has announced being amongst the first in the world to launch a Blockchain-based eKYC platform for the shipping industry. The eKYC platform, developed by ODeX, leverages the principles of Blockchain technology to build a comprehensive, validated and immutable electronic KYC platform, where customers can provide this data without worry or fear of the data
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GoodFuels Marine, the world’s first supplier of sustainable low carbon marine fuels, and blockchain technology and governance experts Blockchain Labs for Open Collaboration (BLOC), have successfully completed the world’s first bunker delivery and transaction using blockchain technology. The delivery, made to a Samskip vessel via a Reinplus Vanwoerden bunker barge in Rotterdam on September 7th,
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With the right amount of Industry and Government participation, India could be in leadership ranks in adoption of blockchain technology in the next five years, says a survey by global consultancy firm PwC. A blockchain is a distributed ledger technology that stores information across multiple systems securely to enable peer-to-peer transactions by creating a trustworthy
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In a follow up to their January announcement, A.P. Moller-Maersk and IBM last week announced the creation of TradeLens, jointly developed by the two companies to apply blockchain to the global supply chain. TradeLens, the result of a collaboration agreement between Maersk and IBM, is a blockchain-enabled shipping solution designed to promote more efficient and
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A.P. Moller – Maersk and IBM have created TradeLens, a solution jointly developed by the two companies to apply blockchain to the world’s global supply chain. This follows the January announcement when the duo unveiled the collaboration aimed at offering a global trade digitization platform by using blockchain technology. As explained, the new blockchain-enabled shipping solution
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SINGAPORE: Trade facilitation, especially across Asia, is set to be improved with the launch of Global eTrade Services’ (GeTS) Open Trade Blockchain (OTB), an inclusive and extensible blockchain service. The CrimsonLogic unit claims the service will improve overall efficiency, security and transparency for global trade. It is also the region’s first cross border blockchain platform
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GENEVA: Blockchain technology is expected to have a profound impact on trade and transport, according to UNCTAD and the UNECE’s United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT). The technology aims to simplify and streamline trade processes through digitization offering greater transparency, cutting time and costs. In its current form, trade processes require
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SAN JOSE, CA: Global shipment management software solutions provider CargoSmart, working with Oracle, has launched an initiative to develop a blockchain solution for shipment documentation to improve complex supply chain processes that it claims can cut down document processing time by 65%. The solution establishes a digital baseline for trusted shipment documentation management across the
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The Antwerp Port Authority and the Antwerp blockchain start-up T-Mining have developed a solution to make document flows safer and more efficient. Documents, such as certificates of origin and phytosanitary certificates, are transferred via blockchain technology and the document flow is automated by means of so-called “Smart Contracts”. Together with Belfruco, Enzafruit, PortApp, 1-Stop and
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