Agility, a leading global logistics provider, announced on Tuesday it has joined IBM and Maersk's blockchain collaboration to provide more efficient and secure methods for conducting global trade by using blockchain technology to manage and track container shipments.
Agility has agreed to identify events associated with individual shipments and to share and receive information about them via the distributed ledger blockchain technology developed by IBM and Maersk.
Blockchain technology is going to make shipping cheaper, safer and more reliable. As early adopters, companies like Agility can help Maersk and IBM understand the needs of shippers and develop standards that will make trade more efficient, We can help customers understand how to use blockchain to improve shipment visibility, eliminate paperwork, reduce errors, and shorten transit and clearance times.
CEO, Agility Global Integrated Logistics
Agility’s goal is to reduce costs and increase shipping efficiency by integrating information about shipments onto a secure platform accessible to shippers, carriers, freight forwarders and others in the supply chain.