IBM

Industry questions new box ship blockchain network

Yesterday’s announcement that five shipping lines and four terminal operators are to form a consortium to develop a Global Shipping Business Network (GSBN) has raised more questions than it answered.
GSBN will be a blockchain-enabled platform that will help digitise the industry, set standards and transform documentation flows, the companies said.
The participants comprise Ocean Alliance members CMA CGM, Cosco/ OOCL and Evergreen – but also, interestingly ONE partner Yang Ming, as …

The post Indu...

https://theloadstar.co.uk/shipping-lines-terminals-unveil-digital-global-shipping-business-network/

Forbes: How Maersk’s Bad Business Model Is Breaking Its Blockchain

Maersk—the largest shipping container company in the world—took the bold step of forming a blockchain-enabled platform called TradeLens to transform the shipping industry. However, up until now, only a single shipper has signed on to use the platform, and it’s my view that few others will join. Although the concept is a natural fit for blockchain, the business model threatens to doom the project.

Maersk and IBM created the joint venture that owns TradeLens (including the platform’s intellectual...

http://container-news.com/forbes-maersk-bad-business-model-blockchain/

CANADÁ: Puerto de Montreal se une a la plataforma Blockchain de Maersk / IBM

  Puerto de Montreal se une a la plataforma Blockchain de Maersk / IBM: Continuando con su estrategia de desarrollo orientada a la innovación y el uso de tecnología avanzada, el Puerto de Montreal, IBM y AP Moller-Maersk anunciaron que el Puerto se unirá a la solución TradeLens, desarrollada...

https://fullavantenews.com/puerto-de-montreal-se-une-a-la-plataforma-blockchain-de-maersk-ibm/?lang=es

Port of Montreal joins Tradelens

Continuing its development strategy geared to innovation and the use of advanced technology, the Port of Montreal, IBM (NYSE: IBM) and A.P. Moller—Maersk (MAERSKb.CO) are proud to announce (Oct. 25) that the Port is joining the TradeLens solution, jointly developed by Maersk and IBM to promote more efficient and secure global trade.

Underpinned by blockchain technology, TradeLens aims to bring the shipping industry into the digital age through a secure interface exclusively dedicated to freight...

http://container-news.com/port-montreal-joins-tradelens/

PIL, IBM step up cooperation for electronic bill of lading

Singaporean container ship operator Pacific International Lines Ltd (PIL) announced collaboration with IBM Singapore (IBM) in another blockchain trial to design and create an electronic bill of lading aimed at enhancing the documentation process in supply chain management.

The PIL-IBM collaboration was supported by Maritime and Port Authority of Singapore, Singapore Shipping Association, Infocomm Media Development Authority, Singapore Customs (National Trade Platform), and Bank of China Limited...

https://safety4sea.com/pil-ibm-step-up-cooperation-for-electronic-bill-of-lading/

PIL & IBM attempt to create an electronic bill of landing

Singapore national carrier and technology giant readying for next phase of co-operation

Pacific International Lines (Pte) Ltd (“PIL”), Singapore’s leading containership operator, collaborates with IBM Singapore (“IBM”) in another blockchain trial to design and create an electronic bill of lading which will significantly enhance the documentation process in supply chain management.

The PIL-IBM collaboration was supported by Maritime and Port Authority of Singapore, Singapore Shipping Association,...

http://container-news.com/pil-ibm-electronic-bill-landing/

Blockchain set back, as cryptocurrency failures deter confused freight industry

Fear of cryptocurrencies and confusion over what blockchain really is are two key reasons holding the freight industry back from embracing the technology.
Blockchain infrastructure can make transactions more secure, faster and simpler. But its link to cryptocurrencies, which is what it was originally developed for, has been a setback, as businesses confuse the recent failures of cryptocurrencies with blockchain.
“People still don’t know the difference between blockchain and cryptocurrency,”...

https://theloadstar.co.uk/blockchain-set-back-cryptocurrency-failures-deter-confused-freight-industry/

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