IBM: How we can save shipping billions of euros

Maersk Line and IBM are completing their so-called blockchain solution aimed at reducing the shipping sector's reliance on documents. The industry as a whole can save billions of euros, says IBM's head of global trade digitalization, Norbert Kouwenhoven, in an interview with ShippingWatch. Read on to learn how the many billions of euros will be saved.

IBM is collaborating with Maersk Line to produce a blockchain data solution for the container supply chain. | Photo: Maersk Line

The new data platform developed by Maersk Line and IBM will produce savings throughout the container industry's supply chain, says Norbert Kouwenhoven, IBM's head of global trade digitalization, to ShippingWatch a little over three months after the partners announced a collaboration to launch the platform Global Trade Digitalization.

There are 27 billion euros of savings to gain between the supply chain partners just from efficient sharing of information"

Norbert Kouwenhoven, IBM

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