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Maersk, IBM Unveil Blockchain Shipping Solution

August 9, 2018

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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.

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