EY, Microsoft, and ConsenSys believe that given strong security and the right tools, businesses will embrace public blockchains as they look for ways to work together.
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The ancient business of shipping may be changed by blockchain technology (Photo of cargo ships in Hamburg, Germany, by Julius Silver from Pixabay).Here’s how blockchain can disrupt maritime shipping
A report claims that emerging technologies including distributed ledgers can make shipping cargo around the world far cheaper and more efficient
A digital revolution is sweeping the maritime shipping industry, and it’s bringing blockchain along for the ride. That change is long overdue, according to a report released on September 10 by the Inmarsat Research Programme, a division of the satellite communications company. Despite the estimate that it is a $4 trillion industry, maritime shipping has largely been untouched by the internet revolution, said Nick Chubb and Leonardo Zangaro, authors of “How Startups are Driving the Next Generation of Maritime Trade.”
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Latest IBM-Maersk deals mean half the world’s ocean cargo will now be tracked on a blockchain
Container shipping consortium gains key allies in MSC and CMA CMG lines
With the addition of two new container shipping lines, IBM’s blockchain-based TradeLens consortium now accounts for nearly half of the world’s shipping.
