Two Chinese Companies to Create Shipping Tracking Blockchain

Cryptovest

Published Aug 20, 2018 08:51AM ET

Updated Aug 20, 2018 10:01AM ET

Two Chinese Companies to Create Shipping Tracking Blockchain

Chinese companies - Yuanben and Maritime Silk Road Platform announced they have signed an agreement to build a blockchain platform for maritime shipping.

The blockchain technology, as per the announcement , will be used to provide node deployment, digital content deposit certificates and a search interface for cargo tracking.

“This cooperation is a successful example of the combination of emerging blockchain technology and traditional information management system technology,” said Cai Kunying, head of the Maritime Silk Road Platform. “Yuanben blockchain technology will pr...


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