Maersk adds two big shipping firms to its blockchain ledger

The three largest overseas shipping companies in the world are now using the same  blockchain-based digital tracking system, which enables an electronic ledger that all members can see in near real time.

A.P. Moller-Maersk (Maersk), which developed the TradeLens supply chain platform with IBM, said Switzerland-based Mediterranean Shipping Co. (MSC) and France-based CMA CGM are using the blockchain platform to track cargo ships and containers.

MSC has 471 container vessels and CMA GSM has 428 ships, making them the second and third largest shipping lines in the world behind Maersk; the latter has 580 vessels.

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Source: Computer World