2019-2-1 04:30 |
IBM has completed a trial of blockchain technology to track a shipment of mandarin oranges from China to Singapore ahead of Lunar New Year celebrations.
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China Ocean Shipping Company (COSCO), a Chinese government-run shipping and logistics company, has inked a strategic partnership deal with e-commerce giant Alibaba and Ant Group. The new alliance seeks to enable COSCO to digitize its shipping and logistics processes with Alibaba’s blockchain solution, reports The Maritime Executive on July 8, 2020.
FedEx CIO, Rob Carter, believes that mandated blockchain standards for international shipping will lead to widespread adoption within the industry. This would also enable authorities to better track goods’ provenance, and help combat the trafficking of counterfeit or illegal goods.
Two South Korean government ministries are exploring blockchain's potential to bring new efficiencies to port logistics.
One of the biggest shipping company announced today they have deployed in production a blockchain powered solution. Following a number of accidents blamed on incorrectly weighed cargo, the International Maritime.
Lloyd’s Register, a U. K. -based maritime classification society, iterated its support of blockchain technology after it announced the development of a prototype DLT platform to enable efficient and hassle-free registration of ships.
John Monarch knows logistics. His South Carolina based company, Direct Outbound, has been running warehouse and fulfillment services since 2012. Managing the shipments of e-commerce and brick and mortar retailers on a daily basis, he’s acquired a deep familiarity with the global supply chain, and the nature of world commerce more broadly speaking.