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The startups currently under development are increasingly involved in the development and application of technology blockchain, not only in finance, but also in various areas of the economy.

World Participants Economic Forum in Davos they considered that blockchain it will definitely become the most important innovation since the creation of the internet.

Initially, it was based on blockchain technology Cryptocurrency marketHowever, at present the number of applications of this system is constantly increasing.

Digital blockchain technology is increasingly used in banking, healthcare service, energy sector i real estate economy.

Also check: Blockchain as a catalyst for the upcoming revolution: Banking

Experts estimate that about 80 percent. modern world trade is done by sea.

Solutions prepared on the basis of blockchain technology will therefore allow efficient service also for this branch of international transport.

Blockchain used in logistics:

  • - facilitate container location
  • - indicates the status of customs documents and sea waybills
  • - will combine operations and partners in the transport process
  • - it will allow you to improve your work
  • - reduced operating costs
  • - easier monitoring
  • - less intermediaries
  • - limits the number of paper documents
  • - shortens delivery time

They use blockchain technology already customs services i border guards, so that transactions can take place without the participation of intermediate bodies, and thus directly between the parties that conclude them.

Advantages of using Blockchain technology

  • -Rareer problems with the delivery system
  • - more accurate information
  • - fewer delays due to data entry
  • -lowering costs

With digital shipping platform solutions Trade Lens, developed by Danish AP Møller-Mærsk and American International Business Machines (IBM), today more than 100 uses various types of organizations around the world: carriers, port services, terminal operators, 3PL companies and forwarders.

Customs and border services receive shipping data as soon as the containers leave the port of origin. This allows you to prepare for cargo acceptance and more effective controls.

This platform already covers more than half of the global ocean container market.

TradeLens offers:

  • - container supply chain service around the world
  • - documentation flow
  • - the possibility of introducing new products
  • - insight into own company's data and in the register of transactions carried out

Environment

The Food and Agriculture Organization of the United Nations estimates that illegal fishing is around 11-26 million tonnes of fish per year, which is between 10 and 23 billion USD.

The use of blockchain technology can therefore help fishermen, fish farmers, fish processors and seafood exporters, as well as the environment.

The development of blockchain technology will cause that new business models will be built, higher revenues will be generated, the transparency of business will be increased and all abuse will be eliminated.

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