CMA CGM and MSC join the Maersk-IBM blockchain pla
2019-06-04 15:58:14
(www.cargofee.com)New broadcast:
May 28, 2019. Global container carriers CMA CGM and MSC Mediterranean Shipping Company (MSC) are to join TradeLens, a blockchain-enabled digital shipping platform developed by A.P. Moller - Maersk and IBM.
As a result, data for nearly half of the world's ocean container cargo will be available on TradeLens to enable what is claimed as greater trust, transparency and collaboration across global supply chains.
CMA CGM and MSC will operate a blockchain node, participate in consensus to validate transactions, host data, and act as Trust Anchors, or validators, for the network.
TradeLens says with more than 100 participants on the platform it is processing over 10 million discrete shipping events and thousands of documents each week - providing shippers, carriers, freight forwarders, Customs officials, port authorities and inland transportation providers a common view of transactions.
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Reported by Miss Wren from Cargofee
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