A.P. Moller – Maersk and IBM have created TradeLens, a solution jointly developed by the two companies to apply blockchain to the world’s global supply chain.
This follows the January announcement when the duo unveiled the collaboration aimed at offering a global trade digitization platform by using blockchain technology.
As explained, the new blockchain-enabled shipping solution is designed to promote more efficient and secure global trade, bringing together various parties to support information sharing and transparency, and spur industry-wide innovation.