CargoSmart Limited is working with one of the largest shipping companies in the world (CISCO Shipping Lines) as part of a Shipping-blockchain pilot project. The aim is to make sea freight data and delivery status visible at any time. Blockchain technology allows the automatic forwarding of information that cannot be changed afterwards. CargoSmart will record sea freight data onto the blockchain, which enables trading partners to independently view the delivery status at any time. According to the company, measurable successes have already been achieved in the processing time of shipments. This Blockchain pilot project offers real-time exchange of shipment data…
