Proof of Concept Delivers First Blockchain Shipment to the Netherlands

Asia Blockchain Review
July 15, 2019

The Port of Rotterdam in the city of Tilburg, the Netherlands recently received its first ever paperless, door-to-door traceable and instantly financed shipment delivered from South Korea.  

As reported by The Maritime Executive, the proof of concept (PoC) shipment provided end-to-end visibility for multi-modal cargo transport by ocean carrier, truck and inland barge. 

Big Plans for the DELIVER Blockchain Platform

The container, managed on the blockchain platform DELIVER, was moved by Barge Terminal Tilburg to the Samsung SDS warehouse in Tilburg after reaching the Port of Rotterdam.

Following the completion of the PoC phase, partners ABN AMRO, the Port of Rotterdam and Samsung SDS have entered into an extended collaboration agreement for the next phase of the DELIVER project. 

This phase aims to carry out pilot projects with multiple shippers from industries operating different trade routes, with the ultimate goal of realizing an open and independent global shipping platform.

Blockchain to be Instrumental for Key Networks

Blocklab, which was established by the Port of Rotterdam Authority and the Municipality of Rotterdam, is leading the port’s blockchain applications.

Decentralized elements currently play an important role in key networks at the Port of Rotterdam. One of the networks is the traditionally centralized electrical grid supplied by a few major power providers with coal-powered plants. 

With the current shift towards renewables underway, the grid has become more decentralized, relying increasingly on wind turbines and solar panels and less on fossil fuel plants. 

Given that the supply of sustainable energy sources is extremely irregular, however, a smart network facilitated by blockchain technology would be instrumental in achieving energy transition goals.

Source: https://maritime-executive.com/


About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

Follow Asia Blockchain Review on:

Related Article
3 Blockchain Trade Finance Projects in China Pass $63bn in Volume
Three major blockchain trade finance initiatives in China have a combined volume of US$63 billion, w...

December 8, 2019

South Korea’s Fantom Partners with Afghan Government
South Korean blockchain firm Fantom has entered into a partnership with the Afghan government to dev...

December 8, 2019

S4 Agrotech Firm Adopts Blockchain to Address Food Waste
Latin American agrotech firm S4 revealed that it is joining IBM’s Food Trust network in order to use...

December 7, 2019

KPMG Launches Blockchain-Based Platform to Verify Data for Trade Partners
KPMG Origins — a blockchain-based platform for global trade — has been officially launched by KPMG i...

December 7, 2019

We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us