IBM works on blockchain solution to improve supply chain transparency

MineHub Technologies (MineHub) and IBM will collaborate to use blockchain technology in order to improve operational efficiencies, logistics and financing and reduce costs in the mineral concentrates supply chain.

Specifically, Goldcorp, ING Bank, Kutcho Copper, Ocean Partners USA and Wheaton Precious Metals Corp. will cooperate with MineHub to create a mining supply chain solution on top of the IBM Blockchain Platform.

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The mining and metals market has...

https://safety4sea.com/ibm-works-on-blockchain-solution-to-improve-supply-chain-transparency/

Youredi supports the mission of Maersk and IBM

Youredi, an integration platform as a service (iPaaS) provider, supports the mission of Maersk and IBM to create a powerful shipping ecosystem by connecting maritime stakeholders to the TradeLens platform to enable a seamless real-time transfer of information.

Previously, Youredi’s fully managed integration solutions connected multiple facilities of APM Terminals with the TradeLens platform. Most recently, Youredi also helped to connect new data contributors, such as Patrick Terminals, MCP, and...

http://container-news.com/youredi-supports-mission-maersk-ibm/

ExxonMobil, IBM to promote quantum computing for energy sector

ExxonMobil signed an agreement with IBM to promote the potential use of quantum computing in developing next-generation energy and manufacturing technologies. The partnership was announced during the 2019 Consumer Electronics Show (CES) in Las Vegas.

ExxonMobil now became the first energy company to join the IBM Q Network, which includes 500 companies, startups, academic institutions and national research labs. These organisations work to advance quantum computing and explore practical...

https://safety4sea.com/exxonmobil-ibm-to-promote-quantum-computing-for-energy-sector/

Saudi Customs pilot sees the integration of FASAH with Maersk-IBM blockchain platform

As part of its blockchain pilot program, Saudi Customs, with its IT partner, Tabadul, oversaw the integration of FASAH with TradeLens, a blockchain-enabled global shipping solution jointly developed by Maersk and IBM. FASAH is Saudi Arabia’s national platform which connects all government and private entities involved in cross border trade.‬ Saudi Customs is the governmental authority responsible for facilitating the safe and efficient import and export of trade goods and associated services...

http://container-news.com/saudi-customs-pilot-fasah-maersk-ibm-blockchain-platform/

Year in Review: Timeline of smart shipping developments in 2018

Year 2018 is running out and the whole shipping industry is already shaping the agenda of 2019. It’s that time of the year again and SAFETY4SEA is picking the most popular issues, these ones that captivated high attention among the industry. This is a timeline depicting the hottest smart issues per month at a glance; from significant challenges to worth mentioning developments that made 2018 an important year for the maritime industry especially when it comes to the smart shipping era.

January...

https://safety4sea.com/cm-year-in-review-timeline-of-smart-shipping-developments-in-2018/

Modern Terminals joins TradeLens blockchain project

Modern Terminals, the second largest container terminal operator in Hong Kong, has joined the TradeLens project, a blockchain-enabled technological solution developed by Maersk and IBM, aiming to minimize traditional shipping documentation and ease transactions in the global supply chain.

This decision came at a time when Maersk and IBM seemed to be having difficulties with their blockchain platform, since there were not many carriers eager to join the project.

TradeLens aims to alter the...

https://safety4sea.com/modern-terminals-joins-tradelens-blockchain-project/

Modern Terminals embraces Maersk’s TradeLens

  • Modern Terminals has signed on to a Maersk-IBM blockchain platform to digitise shipping, a notoriously paper-based business
  • A rival blockchain solution is being developed as competitors are concerned about Maersk’s dominance of the future of shipping, which carries 90 per cent of global trade

Hong Kong’s second-biggest container port manager has signed on to a blockchain solution for documenting logistics data developed by the world’s largest shipping line, as a battle looms over the...

http://container-news.com/modern-terminals-maersk-tradelens/

Hong Kong operator joins TradeLens as a blockchain rival raises its head

Maersk and IBM have faced a fair amount of criticism over the relatively slow movement of their TradeLens blockchain project.
Industry commentators have speculated that Maersk’s involvement has put off new shipping line members coming in.
However, Modern Terminals, the second largest container operator in Hong Kong, has now joined several other ports involved in the project, which aims to digitise and streamline processes.
The Trade Lens ecosystem should help cut costs and …

The post Hong Kong...

https://theloadstar.co.uk/hong-kong-operator-joins-tradelens-blockchain-rival-raises-head/

Maersk, IBM face problems with blockchain project

Maersk and IBM are reportedly struggling with their blockchain platform, TradeLens, as besides them, only one other carrier has joined in, Pacific International Lines (PIL). This comes at a time when, Maersk’s competitors such as CMA CGM, Cosco, Evergreen, OOCL and Yang Ming have also established a similar platform.

Maersk and IBM announced the blockchain platform in the beginning of the year, aiming to address issues such as inconsistent data; complex peer-to-peer messaging; and inefficient...

https://safety4sea.com/maersk-ibm-face-problems-with-blockchain-project/

Valenciaport joins IBM and Maersk blockchain project

TradeLens is a technological solution that allows the blockchain to be applied to the global supply chain.

Valenciaport has joined the project as “Early Adopters”, being one of the first ports in the world to adopt the advances derived from this platform.

Valenciaport has joined the TradeLens project, a technology solution developed by IBM and Maersk, to apply the blockchain to the global supply chain. Valenciaport has been integrated as “Early Adopters”, a category for which the parties are...

http://container-news.com/valenciaport-ibm-maersk-blockchain-project/