The UK's leading port operator aims to improve shipping logistics through Blockchain

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The UK's leading port operator, Associated British Ports (ABP), has signed an agreement with the digital logistics agency Marine Transport International to develop the use of blockchains for port logistics, reports from the Dry Bulk magazine Wednesday 19 September.

According to the agreement with Marine Transport International, ABP – which operates in 21 ports and makes 25% of cargo shipments to the UK – will take part in pilot shipments using blockchain technology.

According to Dry Bulk, every part of the ABP supply chain lacks connection with others, as port operators, couriers and shippers use different systems. As a blockchain solution for port logistics could reduce the time spent on manual review of scattered data, Jody Cleworth, founder and CEO of Marine Transport International, noted:

"With blockchain, we can link all those systems to ensure that the data are accurate and quickly shared, helping to speed up and simplify the flow of trade within and outside the UK. "

At the beginning of June, Denmark revealed its plans to implement blockchain technology to register ships in local naval registers. A subsidiary of Abu Dhabi Ports has also launched its own logistics blockchain solution.

In May, Fred Smith, CEO for FedEx global delivery service, commented on the benefits of the blockchain for supply chains, defining the technology "the next frontier" this will completely change "the entire industry. [19659007] window.fbAsyncInit = function () {FB.init ({appId: & # 39; 1922752334671725 & # 39 ;, xfbml: true, version: & # 39; v2.9 & # 39;}); FB.AppEvents.logPageView ( );}; (function (d, s, id) {var js, fjs = d.getElementsByTagName (s) [0]; if (d.getElementById (id)) {return;} js = d.createElement (s) ; js.id = id; js.src = "http://connect.facebook.net/en_US/sdk.js"; fjs.parentNode.insertBefore (js, fjs);} (document, & # 39; script & # 39 ;, & # 39; facebook-jssdk & # 39;)); [ad_2]Source link