IBM and Raw Seafoods are collaborating through the IBM Food Trust, a blockchain-based platform that promotes food traceability, safety, and sustainability. This information will automatically be shared with other members of the scallop supply chain.
IBM joined today a global alliance, led by marine research organization ProMare, which is developing an unmanned, fully-autonomous ship that will sail in a 12-day voyage through the Atlantic in September 2020, powered by wind and solar energy.
IBM presented a new integrated supply chain suite, linked with Watson AI and IBM Blockchain, open to developers that will help organizations modify their supply chains towards a smarter and more efficient environment, and to a better decision-making environment to adjust to disruptions and opportunities in an era when globalization has made supplier networks more complex and vulnerable than ever.
Estonian terminal operator HHLA TK Estonia wants to use blockchain platform technology to improve supply chain efficiency. For this reason, it is participating in the TradeLens platform project for the maritime sector. With TradeLens, terminal operators, like HHLA, receive direct communication with transport companies and other customers or partners.
Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) Pte. Ltd announced they will join the blockchain-enabled digital shipping platform ‘TradeLens’. This platform is jointly developed by A.P. Moller – Maersk and IBM. Hapag-Lloyd and ONE now join CMA CGM and MSC Mediterranean Shipping Company, both of which recently announced they are joining TradeLens.
ZIM is another company to be joining TradeLens, a platform that was launched last year, as a joint venture between Maersk and IBM. Israeli carrier ZIM has signed up to participate in TradeLens, a blockchain-enabled documentation system designed to smooth bureaucracy between carriers, freight forwarders, customs officials and port authorities.
Israeli-based blockchain start-up ‘LogChain’ completed its first full cycle of an international blockchain-backed maritime shipment. The shipment consists of beverages from Belgium to Israel and was completed with the use of end-to-end digitized LogChain platform which handled all features of the supply chain, including electronic bill of lading and Letter of Credit.
David Jacoby, senior security researcher at Kaspersky, reported that data hacking is a major threat and this applies at both an individual and societal level. In light of cyber attacks, some companies have taken novel steps to try to thwart credential stuffing attacks against their users by obtaining the breached data themselves and cross referencing it against their own database.
Pacific International Lines (PIL) has used an electronic Bill of Lading (e-BL) built on the IBM Blockchain Platform in a successful real-time pilot tracking shipment of mandarin oranges from China for the Lunar New Year celebrations. With the use of the e-BL, the trial has experienced a decrease in the administrative process of transferring the title deed from five to seven days to just one second.
Port of Rotterdam Authority launched an Internet of Things (IoT) platform. It’s the first application for hydro/meteo that has been put into operation. The system uses an extensive network of sensors to provide accurate and up-to-date water (hydro) and weather (meteo) data particularly for the planning and management of shipping. The port aims to make its operations safer and more efficient.
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