News / Already here, or maybe needs more testing, but blockchain will add value

Grace Liang of OOCL sees 'tremendous value' in blockchain PHOTO: CIFFA

Companies can find “tremendous value” in new technologies, but it’s crucial to think carefully about the driver behind any change and how it is implemented.

But change is essential, warned Grace Liang, president, OOCL Canada, at the recent CIFFA conference in Toronto.

“In the next couple of years, technological innovation will shape the ocean carrier industry,” she said.

“Everyone is adopting the latest technology, can you afford to fall behind? That has been one reason for the consolidation in the shipping industry – we ...