Oman’s Largest Port Joins Blockchain Shipping Platform TradeLens
Port of Salalah has signed up to TradeLens – a blockchain supply chain platform founded by IBM and Maersk.
Ant Financial claims its enterprise blockchain can handle a billion transaction a day and save costs in global shipping.
Adani Ports and Special Economic Zone is set to utilize the IBM-Maersk platform to speed up processes after COVID-19 highlighted issues with the existing system.
Blockchain implementation will act as a "digital notary," according to the port.
The electric car manufacturer participated in the trial back in December.
IBM and Oracle are working on an interoperability project that could unite the business consortia on the companies' respective blockchain platforms.