Europe's Biggest Shipping Port Tests Blockchain Logistics
The operator of Europe’s largest shipping port is taking part in a new blockchain consortium focused on logistics. Announced earlier this month, the Netherlands-based effort includes support from a number of local and regional institutions, including the Port of Rotterdam, ABN Amro, Delft University and the Netherlands Organisation for Applied Scientific Research. Also taking part in the initiative are Royal FloraHolland, a major floral auction house, and the Windesheim University of Applied Sciences, among others. Over the next two years, consortium members will test applications for....
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A blockchain startup, logistics companies and financial institutions in China have formed a ‘Blockchain Application Sub-Committee’ initiated by the China Federation of Logistics and Purchasing, Founded during the 2016 Fintech Global Summit held on December 20, 2016, the Sub-Committee will look to develop and introduce blockchain technology in the logistics industry, a press release revealed. Local blockchain startup Shenzen Digital Singularity, also known as BitKan, will lead and organize the Sub-Committee to help set standards and rules of blockchain adoption, for the logistics industry.....
Rail cargos from China to Europe can now be delivered in days instead of months, after a new blockchain system was installed at a major Chinese rail port. The China-Europe rail trade route has been subject to a major speed upgrade thanks to the application of blockchain technology, reports China’s People’s Daily Online.The Chengdu International Railway Port in Sichuan province was installed with the blockchain-powered Sino-Europe Trade Link 2.0 platform by the Industrial and Commercial Bank of China.As well as cutting down on time-consuming logistical document checks, the new system will....
PRESS RELEASE. AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the Port Finance token (PORT) under the pair USDT/PORT on Aug 9 at 2 p.m. UTC. Port Finance is a money-market, non-custodial liquidity protocol on Solana. They aim to provide a comprehensive suite of lending products, including variable-rate lending, fixed-rate lending, and interest rate swap. Their idea is to take advantage of the growth in size and capability of the Solana network. Port Finance brings interest rate markets to the Solana ecosystem. It leverages....
Earlier today, a logistics firm confirmed to CNBC that it is airlifting 3,000kg of bitcoin mining machines to Maryland, USA. The firm which is located in Guangzhou is a logistics company that offers international shipping to door delivery. This news comes in the wake of the China crackdown on bitcoin mining in the country. With […]
At the 2016 China Shenzhen Fintech Summit held on December 20, 2016, the China Federation of Logistics and Purchasing (CFLP) announced the establishment of the Blockchain Application Sub-Committee in an effort to bring the logistics industry into the digital era by leveraging blockchain technology. The Sub-Committee, a collaborative initiative by the CFLP, several Chinese logistics companies, financial institutions and local blockchain startup, Shenzhen Digital Singularity (BitKan), has devoted itself to transforming the logistics industry by introducing the use of blockchain technology.....