Copenhaguen Malmö Port to use TradeLens Blockchain platform

CMP - Copenhagen Malmö Port

According to WMN, the Scandinavian port operator Copenhagen Malmö Port (CMP) has initiated a collaboration with TradeLens, a platform based on a blockchain created jointly by Maersk and IBM.

As explained, the collaboration will eventually allow CMP to modernize workflows and manual procedures and guarantee more fluid collaborations between the actors within the logistics chain.

“We are constantly working to continue developing the digital DNA of the port as a way to promote intelligent logistics solutions. TradeLens offers a platform that allows, through the development of the blockchain technology innovator, a more secure and transparent cooperation in the logistics chain, benefiting as well as all interested parties in optimizing the traditional workflows. I have no doubt that we will be part of this “, commented Povl Dolleris Røjkjær Ungar, director of operations at the port of Copenhagen Malmö.

The TradeLens platform currently includes more than 130 direct connections to ports and terminals and continues to grow.

TradeLens is an industry-neutral platform that aims to transform a container logistics industry into an objective. The expansion and scale of our digital ecosystem is the basis for generating benefits for all in the platform. With the CMP collaboration with TradeLens, we welcome an important Scandinavian carrier operator to join our efforts to eliminate manual tariffs and allow digitalization workflows in the logistics industry, ”said Lars Kastrup, Trade Manager Jefe de Ventas and Maersk.

In summary, blockchain technology is a system that ensures that it is known as the “Internet of Values”. This means the only information exchange that can not be copied or manipulated. Allow parties to share information and be transparent to a degree that is not possible until now.

CMP is the only joint port between countries (Denmark and Sweden) is a first mover and an evident benchmark for the future of the port cooperation models between the different nations.

Source WMN

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