Bitcoin
$64,537.43+1.73%
Ethereum
$3,086.68+0.73%
Binance Coin
$561.78+1.71%
Solana
$147.27+5.94%
XRP
$0.50436241+0.65%
Toncoin
$6.38+1.99%
Dogecoin
$0.15328247+1.49%
Cardano
$0.47201315+3.76%
Shiba Inu
$0.00002294+0.55%
Avalanche
$35.51+1.09%
Wrapped Bitcoin
$64,733.21+1.75%
Tron
$0.11077158+1.30%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index
Consensus 2024Price Increase Extension Ends In
01
DAY
03
HR
54
MIN
57
SEC
Markets

Port of Buenos Aires to Modernize Maritime System Using Blockchain

Blockchain implementation will act as a "digital notary," according to the port.

By Sebastian Sinclair
AccessTimeIconJul 20, 2021 at 5:39 a.m. UTC
Updated Sep 14, 2021 at 1:27 p.m. UTC
shipping, port
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

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.

  • The General Port Administration, a body reliant on the Ministry of Transportation, has launched a tender to upgrade its maritime logistics platform, according to a press release on Friday.
  • 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.
  • Blockchain use for maritime processes isn't new. Throughout 2020, multiple port operators and shipping companies began deploying the tech in a bid to increase transparency and speed up various functions along the supply chain.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.