Just read Leading UK Port Operator Seeks to Improve Shipping Logistics via Blockchain

Leading UK Port Operator Seeks to Improve Shipping Logistics via Blockchain

UK’s leading port operator, Associated British Ports (ABP), has signed an agreement with digital logistics enabler Marine Transport International to develop blockchain use for port logistics, Dry Bulk magazine reports Wednesday, September 19. Under the agreement with Marine Transport International, ABP — which operates in 21 ports and carries out 25 percent of the cargo shipments in Great Britain — will take part in pilot shipments using blockchain technology. According to Dry Bulk, each party in ABP’s supply chain lacks connection with others, as port operators, carriers, and shippers use different systems. A subsidiary of Abu Dhabi Ports has also launched its own domestic blockchain solution for logistics. In May, Fred Smith, CEO for global delivery service FedEx, commented on the benefits of blockchain for supply chains, calling the technology "the next frontier that's going to completely change" the whole industry.

Read the full article at cointelegraph

Wednesday, September 19, 2018