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.
The automotive supply chain has changed rapidly over the past few years and its digital transformation has only accelerated as economic pressures from outside the industry spur modernization. Platforms and joint ventures are changing production models. We talked with two of our experts about new and persistent challenges faced in the automotive vertical. We also discussed the evolution of parts procurement and streamlined inventories — the new normal of Just in Time (JIT) and digital logistics platforms which are helping meet these challenges head on.
Getting customs and other government agencies to plug into TradeLens is the biggest win and endorsement of the platform. The next step for TradeLens is bringing its eBL to the Indian market. Starting in July, the first trials of this product will begin — the first of its kind as a carrier-back, blockchain-enabled digital title document. TradeLens is working with leading Indian exporters, importers, and their banks to drive for truly paperless trade.
True digitization requires dependable and trusted data which enables a virtuous cycle where organizations use and share data to their mutual benefit. That cycle is broken when you can’t trust the data, and that lack of trust has widespread impacts in the supply chain. TradeLens recently trained our attention on four approaches to improving data that will form a much-needed foundation for industry-wide change.
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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