Type: Global shipping and freight
In May 2023, the European Union (EU) completed PLANET, a project under the EU Horizon 2020 research and innovation program. Its goal was to tackle the challenges of evaluating the effects of emerging global trade routes on the Trans-European Transport Network (TEN-T) and ensuring the seamless integration of Europe into the Global Network. This was […]
Otonomi, a blockchain insurance company from Brooklyn, offers shippers a solution to mitigate financial risks associated with cargo delays. By utilizing their AI-assisted algorithm built on blockchain technology, the company promptly provides delay quotes to cargo owners who are time-sensitive. They have modernised the claim process by implementing a proprietary parametric mechanism that ensures transparency […]
Vodafone’s Digital Asset Broker (DAB) partnered with Sumitomo Corporation, Chainlink Labs, and InnoWave, to complete a proof of concept (PoC) that leverages blockchain interoperability for digital bills of lading. This innovative project leverages Chainlink’s Cross Chain Interoperability Protocol (CCIP), enabling seamless and secure communications across diverse blockchain networks, both permissionless and permissioned. This initiative has […]
TradeWaltzTM is a platform designed by TradeWaltz in partnership with NTT Data to revolutionize the global trade industry by digitizing its core functions and interactions. Utilizing Hyperledger blockchain technology, the platform enhances operational efficiency across commerce, logistics, and finance sectors. It aims to replace outdated, analog communication methods with digital solutions, thereby significantly reducing time […]
GSBN: Transforming Global Trade with Blockchain The Global Shipping Business Network (GSBN), a neutral, non-profit consortium, is set to revolutionize global trade through a collaborative blockchain platform designed to streamline operations and promote sustainability. Developed in partnership with Oracle, Microsoft, AntChain, and Alibaba Cloud, GSBN utilizes Hyperledger Fabric to provide an enterprise-grade, permissioned blockchain framework […]
DLT Labs™ and Walmart Canada have started a project to transform freight invoice management through the use of Hyperledger Fabric, an enterprise blockchain platform. This collaboration aims to transform the traditional freight management process, which is crucial for Walmart’s operations, involving stocking over 400 stores nationwide with a diverse range of products. By implementing a […]
Shipping is an extremely complex business for shippers, ocean carriers, terminal operators, and other parties involved with shipping ocean freight better visibility and real-time access to information is critical to success. To be able to better plan, gain efficiencies that can reduce the costs, and reduce the risk of disruptions, they need deeper insight into […]