Nine Chilean cargo shipping companies approved to develop joint blockchain pl...
It could become the first of its kind blockchain maritime cargo platform in the region Chile's National Economic Prosecutor's Office, or FNE, has granted approval to nine national freight maritime cargo companies to establish a joint venture to develop a blockchain platform, the first of its kind in the region.According to MundoMaritimo.cl, the platform will be named Global Shipping Business Network, or GSBN. It aims to handle all the processes related to maritime cargo such as document issuance and cargo clearance, among other services.The solution is also expected to be offered to other....
Related News
Cargo shipping is a vital part of our global economy, as goods need to be picked up and delivered by boat in many cases. However, the shipping of cargo usually relies on centralized services and companies as well. But if tech startup Fleet has a say in the matter, they will decentralize the freight forwarder business altogether. Most people don’t realize this, but international cargo shipping is an absolute nightmare, for both people looking to get goods shipped, as well as the freight companies transporting goods. Something as “mundane” as moving packaging from one continent to the next....
Blockfreight, designed as the first end-to-end blockchain solution for the global cargo shipping industry, has announced its technology and has launched an initial token sale. The initial token offer of up to $1.9 million of Blockfreight Tokens [BFT:XCP] is available at a discount to its $1.00 (USD) retail value, according to Julian Smith, the company’s co-founder, and CEO. A Global Shipping Evolution. The global shipping industry is responsible for the movement of more than $4 trillion of cargo each year. Blockfreight marks one of the most significant developments since the invention of....
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....
London blockchain startup Everledger is the joint winner of BBVA's European Open Talent competition. The startup, which uses blockchain technology to tackle diamond fraud and theft, will be awarded a €30,000 prize ($33,939) as well as an invitation to develop a project with the multinational bank. Rounding off the competition series, with previous finals taking place in New York and Mexico DF, Everledger competed against fellow bitcoin and blockchain companies Safello and Vaultoro. Everledger's win alongside Origin – a marketplace that connects issues and investors in the corporate bond....
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.....