A blockchain technology-based container logistics pilot was carried out from Asia to the Netherlands. ABN AMRO Bank N.V. is a Dutch bank who has completed the pilot.
The Chief Innovation Officer (CIO) at the Dutch bank ABN Amro Bank N.V. Edwin van Bommel said, “We are strongly committed to help our clients in their process to fully automate their trade flows. All parties involved in the trade flow will benefit from more effective controls, greater efficiency, transparency and traceability.”
A Europe seaport called the Port of Rotterdam Authority and a software solutions & IT services company called Samsung SDS supported the Dutch bank ABN Amro N.V. in working upon the blockchain technology-based container logistics pilot. This working was started at the end of 2018.
Opening up the blockchain technology-based container logistics pilot to a wide range of shippers is a plan of the Dutch bank ABN Amro, Finextra Research reported.
This article is for informational purposes only. The information is provided by Blockchain Technology-based Container Logistics Pilot Carried Out From Asia To The Netherlands and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose. It is not an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any products, services, or companies. The Blockchain Cafe does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.