Consortium of fuel to use Blockchain to supply fuel to ships – FreightWaves

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It is the success of the original demonstrator that allowed the introduction of new solutions and finally led to the latest announcement that the company intends to upgrade the fuel demonstrator by capturing fuel deliveries and associated verified data in the system .

It is intended that this will be undertaken by a consortium consisting of shipowners or operators, fuel suppliers, port authorities and a fuel testing body, most of the Fuel & Fuel Advisory Consulting Service at Lloyd & # 39. ; s Register (FOBAS). MBL is inviting the interest of stakeholders in these groups to participate and sponsor this next phase of work. It is expected that beginning of January 2019.

MacDonald said: "It is the learning we have taken from the original consortium, contributions and valuable proposals that have informed the next phase and will allow us to create a global fuel consortium and a process that will address the problem of how track fuels and know they are compliant ".

He went on to say: "One of the first learning we had was the thought that we could solve a specific problem in the bunkering that was reported to us by different actors in the industry, until we have brought together several stakeholders from the supply of bunkering chain and held a workshop to investigate the problems, it was then that we were redirected to a new set or to a more specific and different set of problems we had to face ".

It was through the collaboration of the industry that the new direction was highlighted and showing the benefits of including experts in the development of new systems explained MacDonald.

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