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UK’s Biggest Port Operator Exploring Blockchain Shipping Solutions Across 21 Ports

24th September 201824th September 2018 BCTechreportabp Ron Crean, abu dhabi blockchain, abu dhabi ports blockchain, Associated British Ports, Associated British Ports blockchain, bctech, bctech report, BLOC, blockchain, blockchain financial product, blockchain insurance, Blockchain Labs for Open Collaboration, blockchain news, blockchain regulations, blockchain shipping solutions, blockchain stock exchange, blockchain supply chain, blockchain technology, blockchain technology news, corporate blockchain, decentralized, distributed ledger technology, enterprise blockchain, financial blockchain technology, financial blockchain technology applications, fintech, Hyperledger blockchain, hyperledger fabric, ibm hyperledger, IBM Maersk blockchain, investing, Jens Skibsted Nielsen, Jody Cleworth, ledger technology, maersk blockchain, Marine Transport International, Marine Transport International blockchain, mti blockchain, port of rotterdam blockchain, shipping blockchain solutions, trade ports blockchain, UKs biggest port operator technology

UK’s biggest port operator, Associated British Ports begins exploring blockchain shipping solutions across its 21 UK ports, in partnership with logistics software service provider Marine Transport International (MTI). ABP, which carries out 25 percent of the cargo shipments in Great Britain, have signed a Memorandum of Understanding (MoU) with MTI to pilot shipments using blockchain technology. Commercial Director at ABP, Jens Skibsted Nielsen stated: “We handle almost 100 million tons of cargo across all sectors every year, so we are a significant gateway for our customers’ supply chains,” According to a report by the…

Maersk blockchain shipping

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IBM and Maersk Blockchain Shipping Solution Pushes Forward

30th April 2018 BCTechreportbctech, bctech report, blockchain, blockchain import export, blockchain news, blockchain regulations, blockchain shipping, blockchain stock exchange, blockchain supply chain, blockchain technology, blockchain technology news, distributed ledger technology, ethereum, financial blockchain technology, hyperledger fabric, ibm blockchain, ibm hyperledger, IBM Maersk blockchain, investing, maersk blockchain, peer to peer network

The IBM – Maersk blockchain shipping solution, has been developed to streamline the process and reduce the world’s total $1.8 trillion annual shipping costs. Some the biggest players in the industry have participated in the Pilot, including the U.S. Customs Authority. Now Agility, a global third-party logistics provider, joins in the project. Maersk have said the joint venture, will be based in New York and could be up and running by July, pending regulatory approval in some countries.