- Modern Terminals has signed on to a Maersk-IBM blockchain platform to digitise shipping, a notoriously paper-based business
- A rival blockchain solution is being developed as competitors are concerned about Maersk’s dominance of the future of shipping, which carries 90 per cent of global trade
Hong Kong’s second-biggest container port manager has signed on to a blockchain solution for documenting logistics data developed by the world’s largest shipping line, as a battle looms over the technology used to keep track of global shipping, responsible for 90 per cent of global trade.
