Philippines to Upgrade Maritime Industry with Blockchain

Asia Blockchain Review
May 21, 2019

The Philippines’ Maritime Industry Authority (Marina) has signed a five-year agreement to implement the Navozyme-Certificate Authentication Platform (N-CAP), a blockchain-based solution developed for seafarers’ certifications.

Navozyme, a firm which specializes in maritime technology, has been contracted by the Philippine government to develop a system that will allow for more efficient data processes, as the Southeast Asian country moves to improve the IT aspect of the domestic seafaring industry.  

Marina OIC Administrator Vice Admiral Narciso Vingson Jr., and Captain Jitesh Jaipuriyar, CEO of Navozyme Pte. Ltd., Singapore, signed a five-year memorandum of understanding (MOU) to implement the Navozyme-Certificate Authentication Platform (N-CAP) initiative in the Philippines.

Navozyme’s Country Leader for the Philippines Patricia Fernandez said the deal between the firm and the seafaring authority will effectively help prevent certificate issuance fraud and ensure safer, more efficient, and more reliable processes in the Philippines seafaring industry.

According to a statement by the firm, “The blockchain enabled N-CAP platform enables real time exchange of certificate related information between Marina and maritime stakeholders like Seafarers, Maritime Training Institutions (MTIs), Maritime Higher Education Institutions (MHEIs) and Manning Agencies.”

The maritime tech company is also trialing blockchain platforms in collaboration with major maritime players in Singapore and Europe to streamline vessel registration and port clearance.

Meanwhile, the United Kingdom’s prestigious Nautical Institute has chosen Navozyme as its exclusive partner to research and develop a “Blockchain for Maritime Decisionmakers” workshop-style education program for senior maritime leaders, the first-ever educational program of its kind.

Navozyme has been cooperating with the Pioneer Pilot Group (PPG), a consortium of innovative maritime organizations whose members include Jebsen Ship Management (Abojeb Group), MAAP, the PTC Group, and the Magsaysay Maritime Corporation.

Source: www.manilatimes.net


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