Technology

Blockchain to Ease Logjams as Supply Chains Ditch Paper for Digital

The Covid-19 pandemic is speeding up a technological transformation of global trade as supply chains play catchup in shifting from paper to digital transactions. That’s an emerging industry view as the ongoing disruptions force manufacturers, ship operators and importers to accelerate their investments in technology to smooth out kinks, reduce delays and ultimately cut costs. Among those on the front lines: Bertrand Chen, the chief executive of Hong Kong-based Global Shipping Business Network, a nonprofit technology consortium set up to simplify the business of trade through the use of blockchain.

Full story : Blockchain to Ease Logjams as Supply Chains Ditch Paper for Digital.

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