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Shanghai International Port Group (SIPG) and Alibaba’s finance offshoot Ant Group have signed an agreement to develop smart ports.
Both groups have agreed to build a blockchain-based port and shipping ecosystem, tapping on digital financial services. Specifically, SIPG, which operates all public container terminals in Shanghai, will provide a platform that supports collaboration between the upstream and downstream supply chain. The interconnection of the port and shipping network will jointly...
https://container-news.com/blockchain-tech-the-foundation-for-sipg-and-ant-smart-ports-jv/