The OceanChain Foundation has launched a new blockchain-based platform to support maritime trade, including a related cryptocurrency called Ocash designed to be used in settlement of cross-border transactions or transactions in international waters.
Shipping cryptocurrency start-up 300cubits has confirmed the launch date for its Shipper Sign-Up Scheme, with relevant stakeholders being invited to register to receive their free TEU crypto tokens from February 1, 2018.
A.P. Moller-Maersk and IBM have announced a new joint venture that will see the companies collaborate in the development of a blockchain-based global trade digitisation platform, built on open standards and designed for use by the entire shipping ecosystem.
300cubits, founder of the TEU cryptocurrency aimed at the global shipping sector, says that it aims to begin distributing free crypto tokens to industry stakeholders from February 2018, as talks continue with major container lines.
Mitsui O.S.K. Lines (MOL), along with IBM Japan and a host of Japanese stakeholder organisations, has begun a demonstration test to examine the practical applicability of blockchain technology in streamlining cross-border trade operations.
DNV GL reports that it has transferred all its 90,000 certificates to a private blockchain, with every certificate digitally tagged and traceable within the system, allowing companies to communicate their certification in a transparent and secure way while also providing a defence against the use of counterfeit certificates.
The Municipality of Rotterdam and the Port of Rotterdam Authority have jointly launched a field lab for the development and testing of applications based on blockchain technology. The new applied research lab has been christened ‘BlockLab’.
Hyundai Merchant Marine (HMM) has announced that it has successfully completed its first pilot programme using blockchain technology to manage collection and dissemination of all related shipping and logistics data for a vessel voyage from Korea to China.
Maersk and a group of global partners, including financial services firm EY and software giant Microsoft, have announced the launch of a new blockchain platform for the marine insurance sector, planned to be implemented in 2018 having now completed a 20-week Proof of Concept phase.
Logistics technology company Marine Transport International (MTI) has announced that it has successfully completed a pilot project to improve supply chain efficiency through the deployment of blockchain technologies.
Digital Ship magazine provides the latest information about maritime satellite communications technology, software systems, navigation technology, computer networks, data management and TMSA. It is published ten times a year.
Digital Ship Ltd