News / IBM-Maersk blockchain forges a 'stronger and more transparent' supply chain

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Maersk and IBM have come together to develop a blockchain solution for the shipping industry as the world’s largest box line embarks on its digitisation drive.

The blockchain solution is based on the Hyperledger Fabric and “will help manage the paper trail of tens of millions of shipping containers across the world by digitising the supply chain process from end-to-end, to enhance transparency and secure sharing of information among trading partners”.

The technology is essentially an encrypted messaging system that allows supply ...