The second-largest container port in Europe is launching a blockchain project, which is to deal with the automation of logistics processes.
Together with the Blockchain-Starup T-Mining, the port of Antwerp in Belgium will find out whether the internal port logistics, including container terminals, can be controlled automatically via the blockchain.
In a report, the port operators said that the speed of exchange with customers and the prevention of fraud will play an important role.
According to own data, more than 30 different parties are sometimes involved in the process of a single container freight: forwarding agents, transport vehicles, drivers, cranes, terminals, customs, shipping companies, etc. Communication is carried out to date via email, fax, telephone or a mix of everything ,
“The paperwork is about 50 percent of the cost of a container freight,” says one responsible.
The port of Antwerp is Europe’s second largest port. On a global scale, Antwerp is ranked fourth.
The Bitcoin News
TheBitcoinNews.com – Bitcoin News source since June 2011 –
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise