An Overview: TradeLens

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Every day, around the world, millions of shipping containers are in motion: An incredible achievement of logistics, coordination and communication. But legacy data systems and manual document handling cause friction that costs both time and money for businesses and people throughout the supply chain.

TradeLens is a digital shipping platform, powered by blockchain, that enables unprecedented transparency, collaboration and efficiency in global supply chains. TradeLens provides control and management of shipping data and supplies innovative apps to every stakeholder in the supply chain: Shippers, freight forwarders, intermodal operators, ocean carriers, ports, terminals, authorities, financial service providers and more.

To illustrate some of the ways TradeLens enables collaboration and reduces friction, let’s follow a shipment of laptop computers from inland China, to their final destination along the west coast of the United States:

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