Sign up for The Paypers newsletter Follow The Paypers on LinkedIn Follow The Paypers on Twitter Follow The Paypers on Facebook
The Paypers, paypers, Insight in payments, News, Reports, Events
 advertisement
E-invoicing, SCF & E-procurement

Hapag-Lloyd and ONE join Maersk/IBM blockchain platform TradeLens

Wednesday 3 July 2019 | 11:23 AM CET

German-based transportation company Hapag-Lloyd and Ocean Network Express (ONE) have joined the IBM/Maersk Line-led blockchain initiative TradeLens.

The addition of more carriers to TradeLens is meant to help global supply chain customers expand and explore the benefits of digitisation and deliver new opportunities to the increasing number of TradeLens ecosystem participants across the global supply chain, according to a statement made by Maersk representatives.

Hapag-Lloyd and ONE will each operate a blockchain node, participate in consensus to validate transactions, host data and assume the role of ‘trust anchors’ – or validators – for the network. Both companies will be represented on TradeLens’ advisory board, which includes members from across the supply chain to advise on standards for neutrality and openness.

More: Link
 advertisement
 advertisement
 advertisement
 advertisement