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Shipping Network Launches Blockchain Cargo App In China

Trade platform the Global Shipping Business Network has launched its first blockchain-based application in China to reduce paper usage and enhance efficiency and transparency in the shipping industry. Fast facts Named Cargo Release, the new blockchain-based app will connect the whole shipping supply chain, including shipping lines, consignees, their agents and terminals. 

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Major Airline AirAsia Launches Blockchain-Driven Cargo Booking System

Teleport, the logistics division of major airline, AirAsia, has launched a blockchain-based cargo booking system called Freightchain.According to an April 16 announcement, Freightchain is “the world’s first digital air cargo network run on blockchain.” The network — which is launching today — allows shippers or freight forwarders to instantly book

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Air Cargo Industry Could Save $400M Per Year With Innovative Blockchain Tech

Sita, an air transport communications and information tech company, and ULD Care, a trade association, are exploring the possibility of using blockchain technology to save $400M a year in the air cargo industry, according to the March 12 announcement.Blockchain platform brings down cost and improves efficiencyBlockchain technology allows air

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