With the crypto industry under fire, some blockchain projects are also on the chopping block. It wasn’t supposed to be this way. After all, blockchains — distributed ledgers whose promise has been to transform business models — do not necessarily need cryptos. Public blockchains do;...
Today in B2B payments, Nigeria’s Duplo, Germany’s topi and India’s Soptle announce their receipt of new funding to support the growth of their B2B platforms. Plus, TradeLens delivers the first electronic bill of lading transaction in Europe, while Freshly adds a B2B arm to deliver...
If there’s one blockchain project that truly shows what the technology is capable of, it’s TradeLens, which has connected nearly every part of the global shipping industry. Created in 2018 by container shipping giant Maersk and IBM Blockchain, the effort launched amid a mix of...
Today in B2B payments, shipping is in the spotlight as service providers discuss their solutions to different aspects of this supply chain challenge. X Delivery CEO Mark Lavelle suggested businesses should think of shipping as a “deal closer,” while TradeLens reported it has brought together...
June 12, 2023
I was recently asked for my advice on a new B2B network aimed at solving a big problem for a segment of small business sellers. The network was built on the blockchain; the design was very clever, well-developed and thoughtful. The consensus from those asking me about it was that it was a winner. My […]
February 03, 2022
British investment bank HSBC and agrichemical company Syngenta have completed the transaction of a digital letter of credit using TradeLens’ blockchain-supported digital bill of lading. As TradeLens said in news release Thursday (Feb. 3), the entirely paperless transaction helped expedite trade documents from South Korea to Bangladesh for an agrichemical product shipment between the two […]
August 18, 2020
Binance helped catch a purported cybercrime organization behind an alleged $42 million laundering effort, according to a statement from the cryptocurrency exchange. The platform said that “suspicious activity” that its...
August 30, 2019
A blockchain logistics project by IBM and Maersk is being utilized by Thailand to improve its shipment tracking procedures, Cointelegraph reported on Friday (Aug. 30). Thailand’s Customs Department is implementing...
August 10, 2018
IBM‘s blockchain partnership with shipping company Maersk TradeLens has added 94 more partners, resulting in shipping times that have been reduced by 40 percent. According to a report in CNET,...
