The Port of Buenos Aires in Argentina is about to receive a technological facelift with the help of blockchain technology in a bid to increase the speed and efficiency of the port's processes.
- Known as e-PuertoBUE, the platform processes shipping lines, fleet maintenance and customs interactions among other tasks, and partly relies on physical paperwork.
- Blockchain implementation will act as a "digital notary," preventing alterations of information while conducting traceability methods and providing a secure framework.
- Specifically, blockchain will assist in the documentation processes including shipping information, electronic consignment notes, the declaration of dangerous goods, among others.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.