Analyst: Blockchain competition is healthy for shipping

It is healthy that there are now two competing blockchain platforms for container shipping, as they can push each other to develop strong solutions for the industry overall, says shipping analyst Lars Jensen.

Photo: Lars Jensen SeaIntel

Analyst Lars Jensen says that it is positive that there are now two competing blockchain platforms.

On Wednesday, five major shipping lines and several terminal operators announced that they will join force to create a new trading platform for container shipping under the name Global Business Network, GSBN.

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