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94 Companies Join IBM and Maersk’s Blockchain Supply Chain via @coindesk

As reported by Coindesk, “IBM and shipping giant Maersk have recruited a sturdy crew for their global trade blockchain platform. “Revealed Wednesday, the companies have already signed up 94 firms for the platform since it was spun off from Maersk in January. They have also finally given it a name: TradeLens. “Leveraging Maersk’s leviathan-like scale, TradeLens has attracted […]

By Chris Sykora · August 9, 2018
94 Companies Join IBM and Maersk’s Blockchain Supply Chain via @coindesk

As reported by Coindesk, “IBM and shipping giant Maersk have recruited a sturdy crew for their global trade blockchain platform.

“Revealed Wednesday, the companies have already signed up 94 firms for the platform since it was spun off from Maersk in January. They have also finally given it a name: TradeLens.

“Leveraging Maersk’s leviathan-like scale, TradeLens has attracted a wide variety of entities, ranging from dozens of port operators and customs authorities to logistics companies and even rival ocean-going carriers, such as Pacific International Lines, all of whom have been testing the platform.

“The pilot stage now complete, TradeLens is available for participation through an early adopter program and is expected to be fully commercially available by the end of this year.

“And to drive home the message that TradeLens is an open and neutral platform, IBM and Maersk have updated their marketing strategy, now describing the project as ‘joint collaboration’ rather than a joint venture.”

Continue to read the full story at Coindesk.