IBM Trials Blockchain Tracking of 28-Ton Orange Shipments

IBM Trials Blockchain Tracking of 28-Ton Orange Shipments

IBM has successfully conducted a trial of blockchain technology to track a shipment of mandarin oranges from China to Singapore. Tay Khiam Back, the chairman and CEO of fruit importer Hupco, said “By using the e-BL (electronic bill of lading) , we have seen how the entire shipment process can be simplified and made more transparent with considerable cost savings.”

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