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.
We tapped the substance of a recent interview Daniel did with the IBM Pulse podcast to put together this guide to blockchain. Be a believer in how players up and down the supply chain and across the globe will benefit.
We like to keep an eye on how digitalization is changing the world. Here, we've gathered seven amazing examples that suggest how the challenges faced by customs authorities—like inconsistent standards, restrictive legislation and gaps in technology—could soon melt away.
It’s been exciting working on TradeLens for over a year now and realizing the astounding potential of using blockchain technology to transform global trade and transportation.
Organizations throughout the transportation ecosystem are starting to understand the benefits of blockchain consortia. At the World Economic Forum, accelerating the benefits of these consortia is a priority.
80% of consumer goods are carried by the ocean shipping industry, a complex network of hundreds of actors and processes, using multiple modes of freight transportation (including ocean, inland and air carriers). Freight fluidity helps to manage the increasing complexity of these networks.
