Halifax Port Authority to pilot blochain-focused global trade digitization solution
The goal is to develop a highly secure digital ledger system that promotes the sharing of information across the global shipping industry.
The Halifax Port Authority (HPA), Canada, joined the digital global shipping platform developed by Maersk, Denmark, and IBM, North Castle, N.Y., where HPA will participate in a blockchain-focused global trade digitization solution known as TradeLens.
The goal is to develop a highly secure digital ledger system that promotes the sharing of information across the global shipping industry to reduce costs, improve productivity, increase the speed of the delivery of goods and provide transparency. The Maersk-IBM blockchain program will enable the needed safety and security for the digital platform.