Until a few years back, consumer expectations were much less. Unlike today, they did not mind waiting even for a week or so, to get an order delivered at their doorstep. However, the current scenario is completely different; customers not only give preference to an item’s quality and price, but also their turnaround times. Today, […]
The Port Authority of the Bay of Algeciras (APBA) in Spain has signed an agreement with IBM for Tradelens, a blockchain-powered digital shipping platform built by IBM and Maersk. APBA has stated that it will utilize the platform to exchange information and documentation between its supply chain partners in a more secure and efficient way.
Modern Terminals, a container terminal operator in Hong Kong, has adopted TradeLens, a blockchain-enabled technological solution, for documenting logistics data. The solution is developed by the duo, Maersk and IBM. As claimed, the solution will help in digitizing and streamlining the global supply chain process thereby improving the efficiency.