Jonny Fry Posted

Major shipping firms join a Blockchain-powered supply chain and logistics platform
 
The United Nations, in 1996, established the United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT). UN/CEFACT was mandated to find ways to improve global co-ordination and co-operation in trade facilitation and electronic business standards.
Its main priority continues to encourage interoperability: simplifying exchange of information up and down the supply chain, including commercial and governmental processes. TradeLenshas tried to digitise the written standards that UN/CEFACT created, as it has striven to harness Blockchain technology to bring greater traceability and transparency to international shipping of goods. It processes over 10...