Blockchain Is About to Revolutionize the Shipping Industry

The move to paperless movement of goods in these extraordinarily complex logistics chains has the potential to unlock massive benefits, reducing the cost of movements, by shortening the time it takes for goods to cross checkpoints and borders – an example 32 day journey of perishable goods could be completed in 20.
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Globalization has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still…