TradeLens is an open and neutral supply chain platform underpinned by blockchain technology. We are enabling true information sharing and collaboration across supply chains, thereby increasing industry innovation, reducing trade friction and ultimately promoting more global trade.
The TradeLens platform has been jointly developed by IBM and GTD Solution Inc. Together each partners works to ensure the product and business model is aligned to meeting the needs of the shippers and supply chain operators around the world.
We are relentlessly focused. We are bringing together all parties in the supply chain—including traders, freight forwarders, inland transportation, ports and terminals, ocean carriers, customs and other government authorities—onto a single, secure data-sharing and collaboration platform. on creating value for the entire Ecosystem.
We are enabling the digitization and automation of cross-organizational business processes integral to global trade, including import and export clearance, and—thanks to blockchain—ensuring all documents and data are secure, auditable.
We are providing for the seamless, secure sharing of real-time, actionable supply chain information across all parties—encompassing shipping milestones, cargo details, trade documents, customs filings, sensor readings and more.
We are laying the foundation for ongoing improvement and innovation through an open API environment, the use of standards and promotion of interoperability, and the launch of an Applications Marketplace that allows third parties to build and deploy applications on the TradeLens platform.
At THINK '18 in San Fransisco, IBM and Maersk announce the intention to form a business collaboration to build a digital platform in concert with the shipping industry.
TradeLens is formally announced to the world. Simultaneously the TradeLens beta product and early adopter program launch.
TradeLens launches commercial product offering, more than one million shipping events per day publish to the platform.
The TradeLens ecosystem gains new members as four of the six largest ocean carriers in the world join Maersk in support of TradeLens.
The TradeLens platform publishes more than two million events per day, the ecosystem includes more than 175 unique organizations.
Since its inception, TradeLens - and its ecosystem of members - have experienced tremendous growth and expansion. The value of the TradeLens platform will continue to grow by incorporating the needs of the industry it represents. To this end, in 2020 - pending legal and regulatory approval - we will launch the TradeLens Customer Advisory Board. The Board will be the voice of the TradeLens Ecosystem and comprised of a cross section of member organizations.
The Board will ensure TradeLens product development is aligned and prioritized in accordance with the values of its membership. Additionally, the board will play a key role in advocating for the growth and increased relevance of TradeLens across the industry.
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We care about the intersection of trade and technology. On our blog, we publish inspirational, informative and insights-driven stories from within TradeLens and from across the global supply chain. And, of course, we keep everyone up-to-date with the latest updates on our platform.
Like with most business ecosystems, the functioning of global trade relies on efficient exchanges of information, especially of documents. While industries and ecosystems around the world are now digitizing associated processes and automating the bottlenecks, the business ecosystem of global shipping has been slower to realize innovation and digitization. TradeLens Workflows utilize blockchain smart contracts to automate and digitize multi-party interactions — this helps drive efficiencies across supply chains.
While intermodal transportation is a vast category that can include many methods of shipment, rail and trucking are the means most commonly associated within the industry. Assessing the benefits of intermodal transportation for any one business will depend on metrics collected by the industry. TradeLens provides secure and consistent access to unprecedented levels of event data including first and last mile, published directly from its source.
Providing government authorities with access to upstream transport data is one of the features of TradeLens. On the platform, customs authorities have access to data related to their countries from the moment a booking is placed with a carrier. Updates on documents from different data sources and transportation milestones are shared in near real-time.
Explore how TradeLens is shaping the future of global trade. Learn how TradeLens can benefit you by clicking on the information below.
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