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IBM & Maersk launch blockchain shipping solution TradeLens, with a splash | Internet of Business
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IBM & Maersk launch blockchain shipping solution TradeLens, with a splash | Internet of Business

The shipping tool has been designed to streamline global trade, secure cargo during transit and support information sharing and transparency across the supply chain. IBM and Maersk have confirmed that 94 separate organisations have either been involved or are set to participate in the TradeLens early adopter program.

These parties include major port and terminal operators worldwide; global container carriers such as Pacific International Lines; customs authorities from the Netherlands, Saudi Arabia, Singapore, Australia and Peru; and a number of freight forwarders, logistics companies and beneficial cargo owners.

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