The Termination of the TradeLens Blockchain Platform- Are Lessons Being Learned?
Additional Blockchain Alliance Announcement in the Ocean Container Industry Segment
This week features additional news related to Blockchain technology partnerships in the global ocean container transport segment as carriers, shippers and logistics entities continue to sort out most appropriate approaches to leverage this technology. Make no mistake that the primary goal of these transportation technology pilots are to both determine proof-of-concept and business value of specific technologies, achieve industry scale, and to similarly determine added technology anchored business opportunity that comes with that.
Five Shipping Lines and CargoSmart Team-Up for Blockchain Enabled Shipping Process Improvements
Members of the Ocean Alliance, Tang Ming Lines, and CargoSmart are teaming-up to form a consortium to develop, implement and pilot blockchain technology enabled processes to address specific stakeholder network needs. This initiative and the Maersk-IBM initiative bear watching over the coming months.
Pushback Regarding Broader Deployment of Blockchain Technology in Ocean Shipping
A Supply Chain Matters Guest Blog: Solving International Logistics Disputes with Blockchain
A Major Blockchain Announcement Involving Global Shipping
Supply Chain Matters highlights a side panel reinforcement to our just published 2018 Predictions Deep Dive- A Shifting of Priorities for Digital Transformation and Supply Chain Tech Investments. We highlight a significant joint announcement made this week regarding the potential broader application of Blockchain technology in global shipping processes.