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Africa Blockchain Conference 2018 • May 23-24, 2018

Organized by The Blockchain Association of Uganda, with support from the Government of Uganda, the Africa Blockchain Conference will concentrate…

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Tag: shipping

South Korean Customs to Test Large-Scale Blockchain Technology System with 50 Local Companies

Category: Blockchain, Business, News, Tech

South Korean Customs to Test Large-Scale Blockchain Technology System with 50 Local Companies

Ten years after Bitcoin’s introduction, the world has just begun to wake up to the advancements and efficiencies of using blockchain-based administrative systems. Traditional media outlets have so far focused only on the price volatility of digital assets, ignoring the underlying technology by large. Korea’s Blockchain Push Beneath the un-reported depths of blockchain’s potential, companies and governments around the world…

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Hong-Kong Tech Company’s Ethereum Platform to Revolutionize the Shipping Industry

Category: Blockchain, Business, Ethereum, News, Tech

Hong-Kong Tech Company’s Ethereum Platform to Revolutionize the Shipping Industry

A Hong Kong-based startup company 300cubits, which centers around developing Ethereum blockchain technology for shipping, recently announced that it has completed its first trial shipment via a smart contract technology. How Does TEU Token Work? The trial uses “TEU” tokens to facilitate shipping transactions and has been referred to as the bitcoin of the shipping industry. The principle behind this…

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Prime Shipping Foundation Aims to Bring Cryptocurrency to the Shipping Business

Category: Altcoins, Bitcoin, Business, News, Tech

Prime Shipping Foundation Aims to Bring Cryptocurrency to the Shipping Business

Once looked upon as the domain of professional techies, cryptocurrency has grown exponentially since its inception. More and more companies are becoming cognizant of the increasing applicability of a digital currency in a business world so strongly built upon digital platforms. Bringing Crypto to Shipping In the latest effort to continue this expansion, the Prime Shipping Foundation has announced its…

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Port of Rotterdam Launches Blockchain Lab

Category: Blockchain, News

Port of Rotterdam Launches Blockchain Lab

The Municipality of Rotterdam and the Port of Rotterdam Authority in the Netherlands have launched BlockLab, announced on September 21. The blockchain research lab that will focus on demonstrating the potential of blockchain technology in industries outside of finance. BlockLab and its operations will be financed by the Dutch government and the regional development corporation InnovationQuarter. In the upcoming months,…

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Tokio Marine and NTT DATA Develop Blockchain Solution for Insurance Component of Shipping Trade

Category: Blockchain, Business, News

Tokio Marine and NTT DATA Develop Blockchain Solution for Insurance Component of Shipping Trade

Japanese insurance company Tokio Marine & Nichido Fire Insurance and system integration specialist NTT Data Corporation announced that they had completed a proof of concept for blockchain-based cargo insurance certificates for the international trade finance market. The test involved creating a data bill of lading, letter of credit, and a commercial invoice on a distributed ledger and was then tested…

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