Supply Chain Blockchain Pilot Results

What is happening? Maersk and IBM had a partnership for global trade digitization platform called TradeLens. It failed to reach commercial viability and is being shuttered. Turns out that supply chain data is often confidential and private and therefore hard to digitize, integrate and share.

Why is this important? Other partnerships exist and strides were made with regulators to create uniform forms for bills of lading to speed up global trade.

CIO Dive | Maersk, IBM to shut down blockchain joint venture TradeLens