Samsung SDS: Blockchain and ShippingThe Samsung subsidiary released the news via a press release this morning. According to Samsung SDS, its trial will focus on shipping containers from an unnamed factory in Asia to the port of Rotterdam. The Port of Rotterdam is located in the SouthWest corner of the Netherlands. The port also released its press release of the blockchain and shipping partnership, dated back to the 19th of this month. As per the Port's release, the blockchain experiment will begin in January 2019, and the results will be released in February. >> Litecoin Transaction Fees will be Reduced in Next Core Release Daphne de Kluis, ABN AMRO CEO Commercial Banking, explained:
"We will be integrating all these flows in our pilot: from workflow management combined with track & trace to the digitisation of paper documentation such as waybills and the financing of handled freight or services. The ultimate goal is to reach an open, independent and global platform that operates from the perspective of shippers. This will make the logistics chain more transparent and efficient, and millions of euros can be saved in the long term."