Cointelegraph
News
Samsung SDS will develop a blockchain platform for the Korean customs service to fight customs fraud and forged documents.
Subsidiary of Japan’s Ministry of Economy is working on a blockchain platform for the trade industry, in partnership with IT giant NTT Data.
U.S. Customs and Border Protection will start a live test of а blockchain-powered shipment tracking system.
IBM and Maersk have launched their global blockchain-enabled shipping platform, dubbed TradeLens, which has already captured 154 million shipping events.
Accenture wants to use blockchain in logistics, the company has revealed in a new patent.
South Korea’s Ministry of Science and ICT has announced a major Blockchain Technology Development Strategy that aims to raise 230 bln won (~$207 mln) by 2022.
FedEx remains bullish on blockchain as its CEO says a failure to engage with the technology means “probable extinction” for logistics businesses.
Sponsored
A start-up says a real-time inventory of the world’s 27 mln shipping containers could save industry $5.7 bln a year and cut CO2 emissions.
VP of Federated Investors has high hopes for blockchain, saying it is one of the five “key technologies” that will “drive this next industrial revolution.”
Follow up
Experts from the DHS, UPS, and Maersk testified on blockchain’s potential to optimize international logistics.
Analysis
The number of industry players continues to grow
American retail giant Walmart is ready to use Blockchain for tracking foods, VP of Food Safety and Health said at a conference today.
Experts at Audi are exploring a Blockchain solution to improve the company’s physical and financial distribution processes.
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