How Maersk Used Blockchain to Revolutionize the Logistics Industry: Case Study

<h2><strong>The Challenge of Supply Chain Transparency</strong></h2> <p>Shipping companies often face delays, increased costs, and inefficiencies due to a lack of transparency and visibility in the supply chain. Maersk was no exception and realized that it needed to solve this problem to remain competitive.</p> <h2><strong>Solution &mdash; Blockchain</strong></h2> <h2><strong>How Blockchain Technology Transformed the Supply Chain</strong></h2> <p>Maersk partnered with IBM to create TradeLens, a blockchain-based platform that uses smart contracts and digital signatures to track and trace goods across the supply chain. This provides a decentralized, secure, and transparent platform, ensuring transparency and reducing delays.</p> <p><a href="https://medium.com/geekculture/how-maersk-used-blockchain-to-revolutionize-the-logistics-industry-case-study-5f639bdc154c"><strong>Website</strong></a></p>