blockchain technology

GSBN expands Cargo Release rollout to Latin America

Global Shipping Business Network (GSBN) an independent, non-profit technology consortium building a blockchain-enabled operating system designed to redefine global trade, has achieved to expand its application, named Cargo Release, in Latin America, starting with ports in Mexico and Panama.

Cargo Release offers a paperless, efficient and transparent solution that connects all stakeholders at the port of import, including shipping lines, consignees, their agents and terminals.

“As global trade...

https://container-news.com/gsbn-expands-cargo-release-rollout-to-latin-america/

GSCW chat recap: How blockchain can transform tire distribution

Rak-Joon Choi, a vice president with American Tire Distributors, speaking during a virtual fireside chat, about blockchain technology.

This fireside chat recap is from Day 4 of FreightWaves’ Global Supply Chain Week. Day 4 focuses on automotive.

FIRESIDE CHAT TOPIC: Applying blockchain to tire distribution 

DETAILS: Going beyond buzzwords, Rak-Joon Choi, an American Tire Distributors vice president, talks with FreightWaves’ Clay Katzman about how blockchain technology can bring more efficiency and transparency to supply chains through data sharing. 

SPEAKER: Choi of American Tire Distributors 

BIO: Choi is the vice president for...

https://www.freightwaves.com/news/gscw-chat-recap:-how-blockchain-can-transform-tire-distribution

GSCW chat recap: Jeffrey Curtis on demystifying blockchain for defense supply chains

Patrick Duffy and Jeffrey Curtis discuss blockchain for defense supply chain.

This fireside chat recap is from Day 1 of FreightWaves’ Global Supply Chain Week. Day 1 focuses on the military, aerospace and manufacturing.

FIRESIDE CHAT TOPIC: Simba Chain: Demystifying blockchain for defense supply chains

DETAILS: An efficient and auditable blockchain can be produced and managed in a nearly drag-and-drop fashion that democratizes the use of technology.

SPEAKER: Jeffrey Curtis, vice president of defense and supply chain, Simba Chain. (The chat was conducted by Patrick Duffy,...

https://www.freightwaves.com/news/gscw-chat-recap:-jeffrey-curtis-on-demystifying-blockchain-for-defense-supply-chains

Blockchain could soon protect drivers hauling hemp

The White House is reviewing a draft final rule on hemp production which may consider using blockchain technology to help protect drivers from being wrongfully arrested when hauling legal hemp across state lines.

Microsoft Corp. (NASDAQ: MSFT), Envision Blockchain Solutions LLC and Blockchain Agricultural Solutions Inc. are partnering on an effort that would use blockchain to provide real-time, shared information to law enforcement to not only avoid driver arrests but also the unlawful seizure...

https://s29755.pcdn.co/news/blockchain-could-soon-protect-drivers-hauling-hemp

Blockchain’s compelling case in bringing trust, visibility into supply chain transactions

Blockchain’s compelling case in bringing trust, visibility into supply chain transactions (Photo: Jim Allen/FreightWaves)

Even as technology percolates within supply chains, logistics operations continue to be fraught with visibility issues. This problem stems from logistics stakeholders struggling to trust their partners both upstream and downstream in the value chain, jeopardizing data interconnectivity and the resulting efficiency gain.

Blockchain as a technology can be a powerful tool to infuse trust into a value chain, especially in situations that require transactions to be made based on data arising from...

https://www.freightwaves.com/news/blockchains-compelling-case-in-bringing-trust-visibility-into-supply-chain-transactions

BunkerTrace- A Turn-Key Solution For Tracking Marine Fuels 

  • The shipping industry is looking to innovate in alternative fuels to ensure its compliance with future IMO regulations.
  •  Many shipping companies are intensifying their GHG initiatives with more collaborations happening across the industry.
  • Blockchain- key player in enabling collaboration and providing assurances.
  • BunkerTrace consists of a combination of blockchain and synthetic DNA and ensures accurate reporting and authenticity of fuels.
  • BunkerTrace to play a vital role in steering the...

https://mfame.guru/bunkertrace-a-turn-key-solution-for-tracking-marine-fuels/

ShipChain’s Mainnet focuses on trust, transparency in supply chains

ShipChain's Mainnet focuses on trust, transparency in supply chains (Photo: Jim Allen/FreightWaves)

Blockchain-based logistics startup ShipChain has introduced its Mainnet, which promises to provide complete supply chain transparency and unprecedented security to users in its network. Mainnet is a blockchain protocol that is fully developed and deployed, and can handle transactions that are recorded on a distributed ledger.

“ShipChain’s public mainnet brings the trust of public blockchains with the throughput and scalability that enterprise supply chains require,” said John Monarch, the CEO of...

https://www.freightwaves.com/news/shipchains-mainnet-focuses-on-trust-transparency-in-supply-chains

Connecting seafood producers to consumers via blockchain

Connecting seafood producers to consumers via blockchain (Photo: NOAA)

Within the global food supply chain, seafood logistics are among the most compromised, due to the widespread misuse of labels and direct seafood fraud. Marine conservation non-profit Oceana published a report on the extent of seafood fraud within North America. Its research showed that the U.S. was particularly vulnerable, as 90% of all the country’s seafood is imported – often from Southeast Asia. 

Unisot, a Norwegian blockchain-based company, is working to bring visibility into global seafood...

https://www.freightwaves.com/news/connecting-seafood-producers-to-consumers-via-blockchain

BiTA Symposium @HOME: Discussions over blockchain in logistics — Part 2

Blockchain in logistics (Graphic: BiTA)

The BiTA Symposium @HOME on June 10 saw speakers present blockchain use cases and possibilities across various verticals within the supply chain industry, elucidating ways to leverage blockchain to bring in more transparency and visibility into logistics operations. In a series of two digests, FreightWaves outlines key aspects of those talks individually. For the first part of the discussion, check here.

Specright empowers Salesforce blockchain customers to create trusted supply chains

Customer...

https://s29755.pcdn.co/news/bita-symposium-home-discussions-over-blockchain-in-logistics-part-2

Without data standards, blockchain technology is irrelevant

Without data standards, blockchain technology is irrelevant (Photo: Jim Allen/FreightWaves)

Though blockchain as a technology has shown great promise within the logistics industry, mainstream blockchain adoption has been left wanting. This resistance to adoption comes from the need for data standardization. Without proper data standards, blockchain within supply chains would not work, as data being shared cannot be interoperable. 

Standards organization GS1 US has been active within the blockchain circuit, introducing data standards that could eventually lead companies to build their...

https://s29755.pcdn.co/news/without-data-standards,-blockchain-technology-is-irrelevant

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