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20 September 2021

New blockchain platform aims to track one third of all shipping containers globally

New blockchain platform aims to track one third of all shipping containers globally


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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.

In July the GSBN launched its first blockchain-based application in China dubbed “Cargo Release,” which was designed to speed up processing time by removing paper and storing data on the blockchain

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cointelegraph.com
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