Maersk, IBM create world’s first blockchain-based, electronic shipping platform

Maersk and IBM today announced a joint venture to deploy a blockchain-based  electronic shipping system that will digitize supply chains and track international cargo in real time.The new platform could save the global shipping industry billions of dollars a year by replacing the current EDI- and paper-based system, which can leave containers in receiving yards for weeks, according to the companies.[ Related: The top 5 problems with blockchain ]Blockchain will enable a single view via a virtual dashboard of all goods and shipping information for all parties involved, from manufacturers and shippers to port authorities and government agencies.To read this article in full, please click here


Original URL: https://www.computerworld.com/article/3247758/emerging-technology/maersk-ibm-create-worlds-first-blockchain-based-electronic-shipping-platform.html#tk.rss_all  

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