IBM and Maersk will partner to use blockchain technology to conduct, manage, and track transactions in the shipping supply chain.

The companies said they collaborated on creating blockchain tools for cross-border transactions among shippers, freight forwarders, ocean carriers, ports, and customs authorities.

According to Maersk and IBM, the blockchain effort, built on the Linux Foundation’s open-source Hyperledger platform, will aim to replace paper-heavy manual processes with blockchain to improve transparency and secure data sharing.

Read more: IBM, Maersk aim to speed up shipping with blockchain technology | ZDNet

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Published by Mike Rawson

Mike Rawson has recently re-awoken a long-standing interest in robots and our automated future. He lives in London with a single android - a temperamental vacuum cleaner - but is looking forward to getting more cyborgs soon.

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IBM, Maersk aim to speed up shipping with blockchain technology | ZDNe…

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