The operator of Europe’s largest shipping port is taking part in a new blockchain consortium focused on logistics.
Announced earlier this month, the Netherlands-based effort includes support from a number of local and regional institutions, including the Port of Rotterdam, ABN Amro, Delft University and the Netherlands Organisation for Applied Scientific Research. Also taking part in the initiative are Royal FloraHolland, a major floral auction house, and the Windesheim University of Applied Sciences, among others.
Over the next two years, consortium members will test applications for sharing logistical and contractual information between parties. According to Delft University, the project will move forward in conjunction with a separate blockchain initiative pursued by the Dutch Ministry of Economic Affairs. Delft said that it would create an open-source infrastructure to serve as the basis for testing among the other companies and institutions involved.
The inclusion of the Port of Rotterdam – a major shipping point in Europe and once the world’s largest – is a notable one. The port reported that 466m tonnes worth of commodity shipments had passed through it in 2015.
Johan Pouwelse, an associate professor at Delft who is acting as project manager, said in a statement:
The Port of Rotterdam did not immediately respond to a request for comment. A representative for ABN Amro wasn’t available when reached.
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