News / Blockchain technology gains more users as it drives visibility in supply chains

© Monsit Jangariyawong

Blockchain has won another convert, as the logistics industry finds increasing applications for the technology.

The latest news is that liner agency and freight management company Kestrel has signed up to use blockchain technology to manage the SOLAS requirements.

SOLASVGM, a platform developed by forwarder Marine Transport International, helps customers become compliant with container weighing regulations by tracking data along the chain.

“The IMO regulations are designed to stop overweight containers getting onto ships, but there’s little to stop them on our roads,” said Andy Thorne, Kestrel’s chairman.

“By ...