Tag: blockchain

Royal Malaysian Customs Department (RMCD) joined the blockchain ‘TradeLens’ platform in an effort to modernize the shipping processes and create greater transparency within the operations. In fact, this collaboration boosts the country's effort to promote trading and economic stability by facilitating ease of doing business. By adopting TradeLens, we hope it will enable us to fulfill our mission to facilitate legitimate trade, help combat smuggling and modernize the national logistics systems in support of Malaysia’s digital economy aspirations. ....Dato’ Sri Abdul Latif bin Abdul Kadir, Director-General of Royal Malaysian Customs Department, stated. In addition, TradeLens from its side, will provide RMCD with an automatic and immutable tracking tool, which will lead to a more highly secure, transparent, efficient and simpler workflow, with near real-time information sharing from a diverse network of ecosystem members. To remind, the TradeLens platform, jointly developed by A.P. Moller – Maersk and IBM, digitizes the voluminous, time consuming paper-based shipping processes. In fact, through the platform, authorities will be able to receive shipping data as soon as containers leave the port of origin. By joining TradeLens, we aim to boost the efficiency, transparency and collaboration across supply chains. TradeLens will help us bring further visibility in ...

In recent months, 32 companies at the RDM site in the port of Rotterdam have been testing a new energy platform: Distro. Working with solar panels and a battery, users trade energy they have produced themselves in a local market.

Copenhagen Malmö Port (CMP), the Scandinavian port operator, joined forces with TradeLens to enable the port modernize manual workflows and procedures.

US-based blockchain company ShipChain announced launch of ShipChain Mainnet, a new blockchain platform, seeking to achieve a modular system across the entire supply chain. 

Portbase recently completed the first phase of connecting with the TradeLens, a Maersk-IBM developed platform which focuses on trade digitization underpinned by blockchain technology.

Portbase recently completed the first phase of connecting with the TradeLens, a Maersk-IBM developed platform which focuses on trade digitization underpinned by blockchain technology.

Yilport recently joined Maersk-IBM developed TradeLens platform so as to improve its efficiency and boost the digitization within the operations. Namely, TradeLens cooperation started in July 2020 with data integration from YILPORT Gebze and Gemport Terminals to the blockchain based platform.

The digital freight forwarder, Shipwaves, recently joined Maersk-IBM developed TradeLens platform, in an effort to boost the digitization of the ocean logistics space, especially in India and the Middle-East. Through this action, Shipwaves will be able to provide timely end-to-end supply chain visibility, secured sharing of digital shipping documents, and data directly from partners. Sajid Mohammed, COO - Shipwaves, marked: Our working with TradeLens marks a significant milestone which will enable us to digitize our customers’ operations and lead them into the blockchain era of global trade. We believe that the TradeLens platform will truly elevate our value proposition, allowing us to interconnect with shippers, carriers & other stakeholders. The platform will enable the forwarder to improve efficiency and decrease operational costs by a significant margin. Additionally, the smart contract-based workflows will automate and digitize multi-party interactions, which will result in improved efficiency. In light of the situation, David Ombewa Ocholi, Product Manager for West Central Asia and Africa noted: With Shipwaves collaborating with TradeLens, we have an important supply chain enabler furthering our joint desire of removing manual tasks and enabling digitized workflows in the logistics industry. For the records, TradeLens blockchain solution provides controlled, permissioned access to secure and immutable ...

South Asia Gateway Terminals (SAGT) recently joined TradeLens digital platform, jointly run by A.P. Moeller-Maersk and IBM, becoming the the first terminal in the country to adopt blockchain technology.

Ant Group and Alibaba Group inked an agreement with COSCO Shipping in order to develop the use of Ant Blockchain technology within the shipping industry.