IBM has recruited two more major shipping carriers to join the blockchain platform TradeLens it co-owns with container giant Maersk. Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) – the world’s fifth and sixth largest carriers respectively – are the latest ocean carriers to join the TradeLens blockchain. They follow top-five carriers CMA CGM and MSC, which joined TradeLens last month according to Coindesk…
Daily Crypto Vision: Shipping Firms MSC and CMA CGM Join Maersk’s Blockchain Platform
Vincent Clerc, Maersk executive vice president, stated that the entrance of MSC and CMA CGM to the TradeLens platform is a “game changer”. According to Reuters, by joining the platform, MSC and CMA CGM will have almost 50% of all cargo shipped by sea tracked using distributed ledger technology (DLT).