Global Freighter Giant To Trial Enterprise Blockchain

Capt. John

One of the world’s largest freight carriers wants to use an enterprise blockchain from the Alibaba Group to cut costs, reports Coindesk.

Ant Blockchain trial

Shanghai-based Cosco Shipping confirmed earlier this week it would trial Ant Blockchain, a product of Alibaba subsidiary Ant Financial, to streamline its operations.

In a statement, the companies said blockchain could be used to distribute verified and tamper-proof key documentation, such as container records and import licenses, to relevant...

https://mfame.guru/global-freighter-giant-to-trial-enterprise-blockchain/

Leave a Comment