IBM, Maersk Create Blockchain Shipping System
Cryptovest
Published Aug 09, 2018 11:22AM ET
Updated Aug 09, 2018 12:40PM ET
IBM, Maersk Create Blockchain Shipping System
US technology giant IBM (NYSE:IBM) and one of the largest cargo logistic companies Maersk have launched blockchain-based shipping system in a bid to attract more clients in the lucrative trade logistic market. Dubbed TradeLens, the system is operational from Thursday after a 12-months testing period, IBM said in a press release.
“We believe blockchain can play an important role in digitizing global shipping, an area of the global economy that moves four trillion dollars of goods every year,” Bridget van Kralingen, senior vice president at IBM Global Industries, Solutions and Blockchain, said in a statement.
The blockchain is the cryptographic method used by cryptocurrencies like This article appeared first on Cryptovest 
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