Maersk and IBM test use of blockchain in supply chain

IBM and Maersk have been testing blockchain technology on container shipment documentation and are now starting to talk about the results

IBM says shippers, freight forwarders, ocean carriers, ports and customs authorities can benefit from using blockchain
Maersk and IBM have spent three years testing blockchain in container shipping to streamline data pipeline.
Blockchain is a so-called digital-ledger system, best known as being behind crypto-currencies such as Bitcoin
Maersk sees benefits in digitialisaiton of trade documentation by streamlining the 200 interactions associated with one container shipment

Read the IBM press release here

Craig Eason

Craig Eason is the owner and editorial director of Fathom.World. He has a background in the shipping industry having started his career as a cadet on oil tankers and gas carriers before becoming a navigating officer on a range of vessel types. A change in career, with ensuing university studies, and he has now gained 20 years experience in written and broadcast journalism. He now is in demand as a knowledgeable and competent editor and event host and moderator, both for in-house events and ones for the public.