HOME> News> Bay Algeciras Port Authority Agrees to Participate in TradeLens
Cointelegraph’s coverage revealed that the Port Authority of the Bay of Algeciras agreed to participate in the shipping platform – TradeLens jointly developed by IBM and Maersk on January 21 It was.
Bay Algeciras Port Authority is a public organization that manages the ports of Algeciras and Tarifa located in Spain.
It boasts the size of the top six among the European countries and it is an important trade base for Europe. In the statistics of 2017, it seems that more than 4 million cargo were coming and going.
TradeLens, jointly developed by IBM and Maersk, is a platform that uses block chain technology to trade and share various information related to shipping, in cooperation with many international trade partners.
By introducing TradeLens it is expected that it will be able to exchange information with trading partners and manage the submission of documents in trade more safely and efficiently.
TradeLens is expected to expand the number of registrants more and more, it is said that registration of 230 million seafarers has already been completed and processing 2 million cargoes now.
Quote: TradeLens, The Port Authority of the Bay of Algeciras
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Author: shimada – Source Post: https://crypto-times.jp/bay-agree/
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