The first paperless, instantly financed and fully door-to-door tracked container made its way from Korea to the warehouse of Samsung SDS in Tilburg through the Port of Rotterdam on Blockchain-based platform DELIVER.
ABN AMRO, Port of Rotterdam and Samsung SDS showcased that blockchain technology enables interoperability, and that integrated container tracking and tracing, necessary cargo documentation processing and financing can all be done in a secure and paperless way.
New technologies like blockchain can take over supply chain management entirely and disrupt traditional ways of working. As demonstrated in a Proof of Concept (PoC), a comprehensive supply chain management system with paperless integration of physical, administrative and financial flows is now feasible. The DELIVER concept fuels process automation and provides value for all actors in the supply chain.
The Proof of Concept has indicated that DELIVER can support cross-supply chain end-to-end visibility for multi-modal cargo transport via ocean carrier, truck and inland barge shipping, as well as streamline access to finance.
The interoperability between physical and blockchain platforms allows safe sharing of commercial, sensitive and confidential information, and transfer of ownership between supply chain participants.
According to Robert van der Waal, Deputy President of Samsung SDS EU/CIS, DELIVER:
The first shipments to use the platform gave us a good insight into the possibilities of large-scale implementation. As cargo recipient, we benefitted from real time information and advance availability of digitized cargo documentation. We can re-design our processes more efficiently, enabling us to act based on real-time events and trusted data. Ultimately, this will strengthen our service proposition to customers
As logistics service provider, Barge Terminal Tilburg organised and carried out the haulage of the sea container from the Port of Rotterdam to the warehouse in Tilburg.
Now that this part is over, partners ABN AMRO, Port of Rotterdam and Samsung SDS have signed an extended collaboration agreement for the next phase of the DELIVER project.
The new phase aims to perform pilot projects with various shippers from several industries operating in different trade lanes.
The ultimate objective is to reach an open, independent and global cargo shipping platform. This will improve supply chain transparency and efficiency, possibly unlocking millions of euros in cost savings in the long term.