Search Results for: Cargo

FinTech in Belt and Road – Transforming French Freight Logistics with Blockchain

The Fourth Belt and Road Summit was held over two days in September at the Hong Kong Convention and Exhibition Centre (HKCEC). The Summit was organized in a joint effort by the Hong Kong Government, the Hong Kong Trade and Development Council (HKTDC). The event was attended by top government officials and business leaders from … Continue reading FinTech in Belt and Road – Transforming French Freight Logistics with Blockchain

CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

On Oct. 17, CIMB Bank Singapore and iTrust successfully finished their first trade financing transaction. It was founded on iTrust’s functional Blockchain and Internet of Things (IoT) structure.  This collaboration has been exceptional as it has set the ball rolling in the blockchain trade financing arena. Notably, it is the first-ever to be accomplished.  According … Continue reading CIMB Bank Singapore Collaborates with iTrust for First-Ever Blockchain Trade Financing

EOS Dublin and ConsolFreight partner to Leverage Blockchain In FreightTech

EOS Dublin, an EOS block producer and EOSIO blockchain developer, has partnered with ConsolFreight, a leading operator in the digitized Freight Forwarding industry. Together, they have conducted a Proof of Concept (POC) for the freight forwarding industry using blockchain. This development is hailed as the new intersection between Fintech and FreightTech. Using a number of … Continue reading EOS Dublin and ConsolFreight partner to Leverage Blockchain In FreightTech

ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance

ConsolFreight released its new Proof of Concept report “Trade Forward” at the IoT Solutions World Congress in Barcelona. The ambitious project has the support of Telefonica, who provided connectivity through Kite, their IoT connectivity platform. It also included the collaboration of key organizations such as EOS Dublin using EOSIO blockchain technology, the Florida Blockchain Foundation, … Continue reading ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance

US Customs Agency Seeks to Adopt Blockchain Technology to Track Oil Imports from Canada

With the advancement of technology, the importance of oil and gas resources in promoting global social and economic progress is rising. As oil and gas resources play an imperative role in the energy sector, the technologies of the industry have also developed quickly in recent years. It can be seen that the oil and gas industry … Continue reading US Customs Agency Seeks to Adopt Blockchain Technology to Track Oil Imports from Canada

Will Blockchain Make Shipping more Efficient in the Future?

Shipping in some cases is not restricted to the transportation of cargo by ships, but it refers to the transportation of items by mail of any means, the form of transportation could be air, road or train, but the most used form is transportation by sea.  According to the Ghana Shipping Guide, 90% of the … Continue reading Will Blockchain Make Shipping more Efficient in the Future?

Blockchain and Beer: World’s Largest Brewer is Assisting Unbanked African Farmers Using Blockchain

Anheuser-Busch InBev (AB InBev), the largest beer company in the world, has created a blockchain-based system in collaboration with BanQu, a blockchain-as-a-service software company, to assist small-scale African farmers to show that they are suppliers of the drinks behemoth. This project will enable them to open bank accounts, as well as develop a line of … Continue reading Blockchain and Beer: World’s Largest Brewer is Assisting Unbanked African Farmers Using Blockchain

Five Things Everyone Should Know About Blockchain Benefits in Aviation Security

Blockchain technology can create new service models and efficiencies for airlines. Security professionals believe that blockchain technology has the ability to secure many processes and transactions across the aviation ecosystem.   Since blockchain can be decentralized, its feature of storing data on a digital ledger makes it attractive to avionics players involved in the aviation industry as … Continue reading Five Things Everyone Should Know About Blockchain Benefits in Aviation Security

India's Largest Shipping Port Operator Adopts Maersk-IBM Blockchain Platform

The Indian blockchain and crypto industry is looking ripe for disruption after the country’s central bank overturned a crypto ban earlier this year. Firms are adopting blockchain technology into their businesses and crypto-ventures are attracting foreign investments.  In the latest development, India’s largest port operator announced on May 27 it is adopting blockchain technology through … Continue reading India's Largest Shipping Port Operator Adopts Maersk-IBM Blockchain Platform

Blockchain in Manufacturing Market Expected to Hit $17 Billion by 2027

The urge to streamline operations and track assets with unprecedented precision are some of the factors expected to make the blockchain in the global manufacturing market hit $17.047 billion by 2027, according to a report by Research and Markets. This market was worth $717.6 million in 2021 and is anticipated to record a compound annual … Continue reading Blockchain in Manufacturing Market Expected to Hit $17 Billion by 2027

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