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Sunday, September 01, 2019

IBM, Maersk link with TradeLens And Thai Commerce

A continuation of IBM's work with Maersk.  The basic idea here is to provide reliable information about supply chain activity in real time.  Another example of how companies are experimenting successful with the emergent technology .

IBM-Maersk Logistics Blockchain to Be Used by Thai Customs Agency   By Daniel Kuhn in CoinDesk

Thailand is integrating IBM and Maersk’s blockchain project to streamline its shipment tracking procedures, according to a local news source.

The Bangkok Post reported Thursday that the Customs Department of Thailand will adopt TradeLens, the logistics platform jointly supported by IBM and Maersk as part of the country’s Thailand 4.0 policy. Thailand will be the second member of the Association of Southeast Asian Nations to use the platform, following Singapore.

More than 90 different companies have joined TradeLens since its launch.

According to the Post, customs officials in Thailand will receive notifications when shipping containers leave their ports of origin, allowing them to better prepare for arrival.  ... "

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