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The Demise Of Maersk Tradelens Places Hong Kong At The Forefront Of Blockchain Logistics

Hong Kong

Industry builders have not given up on blockchain applications in global trade after the Danish logistics company Maersk discontinued its blockchain-based supply chain platform last year. The non-profit Global Shipping Business Network (GSBN), which is based in Hong Kong and focuses on blockchain trade applications, is optimistic about blockchain’s long-term role as an essential logistics tool. GSBN launches blockchain-powered shipping platform to help container owners and shippers As an alternative to Maersk’s TradeLens tool, The South China Morning Post, GSBN currently operates one of the largest platforms in the world. A permissioned blockchain with strong data governance is the foundation

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