Portbase And TradeLens To Create Global Ecosystem Of Carriers And Ports Via Digital Port Infrastructure Management System
Portbase And TradeLens To Create Global Ecosystem Of Carriers And Ports Via Digital Port Infrastructure Management System
September 2, 2020
Portbase And TradeLens To Create Global Ecosystem Of Carriers And Ports Via Digital Port Infrastructure Management System
Portbase And TradeLens To Create Global Ecosystem Of Carriers And Ports Via Digital Port Infrastructure Management System
September 2, 2020

Portbase, the Dutch logistics solutions provider, and TradeLens expect to create a global ecosystem of carriers, ports, and terminals through a digital port infrastructure management system. 

It has been reported that Portbase has successfully completed the first phase of its integration with blockchain-based platform TradeLens, as together, they will handle operations and core processes for ports in Amsterdam and Rotterdam.

However, by going forward, these upgrades will be powered by TradeLens’ blockchain infrastructure.

Iwan van der Wolf, the Managing Director of Portbase, explained how blockchain is being used to more effectively organize the company’s operations.

He said:

“It allows all players in the logistical chain to easily, quickly, and securely share data with each other, irrespective of their mutual relationship, enhancing trade for everyone involved. Portbase acts as a data hub for global trade via the Dutch ports and facilitates the connection to regional networks in Northwest Europe.”

Likewise, Norbert Kouwenhoven, the TradeLens Global Authorities Leader for IBM, stated that this chosen construct “allows for upscaling ‘with a mouse click’ and can be easily expanded” as the scope for the ecosystem increases.

ALSO READ :  Jan Marsalek Allegedly Held Secret Documents About The Use Of Russian Chemical Weapon In The UK

Recently, the Port of Rotterdam launched a blockchain-based pilot with some of the world’s leading shipping companies.

Thus, the goal of this pilot was to improve the safety and efficiency of the millions of containers that are unloaded in the port every year.

Source: Cointelegraph | Image: LinkedIn


Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. She is an archetypal writer, who loves to create her own little world with words and locutions. Apart from this, her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.
Share This

Share This

Share this post with your friends!