AP Moller-Maersk has teamed up with technology giant IBM in its effort to avoid mountains of paperwork and target one of trade’s biggest barriers.
The two conglomerates have revealed plans to use blockchain technology to help transform the global supply chain, using a system built by them and based on the Hyperledger Fabric.
The idea is to make shipping companies, shippers and freight forwarders able to track the paper trail of tens of millions of shipping containers across the world.
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