News / Maersk and IBM launch blockchain joint-venture to 'reshape global supply chains'

© Monsit Jangariyawong

Maersk and IBM are taking their blockchain collaboration a step further, announcing today that they intend to form a joint-venture company based in New York to “commercialise” the technology.

The company, yet to be named and still requiring regulatory clearance, will focused on Maersk’s quest to digitalise container shipping.

The first step will be to create an “information pipeline” to provide end-to-end supply chain visibility, giving all participants the ability to “securely and seamlessly exchange information about shipment events in real time”.

It will ...