Finland to Create Intelligent Containers based on Blockchain Tech
What this concept does is let recipient track their shipment from the departure all the way to its arrival. Imagine the world in which transport containers will become smart enough to know where they need to go. No human intervention required, although all of the commands would be stored on a distributed ledger. That is an area of technology Finland is pursuing, as they want to create blockchain-based transport container intelligence. Albeit the concept may sound strange on paper, it is not unfeasible to achieve either. A new project will take place in Finland later this year, which will....
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An economic development firm owned by the city of Kouvola in Finland has received €2.4m to help pay for a project designed to streamline the supply chain using blockchain. To be dispersed over a three-year period, the money from Kouvola Innovation will be used in part to connect various enterprise resource planning (ERP) tools used by the trucking industry, warehousing industry and freight operating industry to manage their supply chains. While talk of streamlining supply chains by creating a single immutable record of products is increasingly common, this effort is different in that it....
Frodo Tech aims to create an environmentally-friendly blockchain ecosystem based on a unique cryptocurrency service that all the people in the world can access, without any limitations based on race, region or country.
Frodo Will Have No Limitations and No Mining
Frodo Tech is an IT and Financial blockchain services company based in Auckland, New Zealand, and a member of the Blockchain Association of NZ (BANZ). Since 2018, it has provided best-fit and trustful solutions around AI, cybersecurity, data analysis, custom applications, mobility, migration, and managed services.
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Finland’s central bank co-organized a seminar on blockchain last week. The Bank of Finland held the event in partnership with the country’s Ministry of Finance. The seminar took place on 24th November, according to the central bank. Attendees included government regulators, local academics and companies based in Finland, drawn from institutions like Aalto University, Lappeenranta University of Technology and the VTT Technical Research Centre of Finland. Representatives from firms like Microsoft and Finnish energy firm Fortum were also in attendance. In statements, central bank....
A research company, called Blockfreight, is unveiling their new blockchain platform. It is billed as the world’s first end-to-end blockchain solution for the global cargo shipping industry. Blockfreight Wants to Automate the Global Supply Chain With Blockchain-Based Cargo. According to the press release, the team seems to believe that the Blockfreight blockchain will be one of the most significant innovations to the freight industry since the advent of ISO containers sixty years ago, which standardized handling requirements. While ISO containers standardized dimension and handling....
Global Shipping Business Network launched a new blockchain-based platform to digitize the shipping process, and sought out key partnerships to target the Asian markets. Global Shipping Business Network (GSBN) has launched a new blockchain-based platform that could potentially track one-third of shipping containers across the globe. The GSBN was founded in October 2020 by eight global national freight maritime cargo companies to build a blockchain platform that digitizes shipping processes such as document issuance, clearance and logistics data. Members of the Hong-Kong-based non-profit....