Scandinavian Launch to track Shipping via Blockchain

A run headed by experienced professionals in the shipping industry is establishing a Blockchain-driven platform
14 May 2018   748

Blockshipping claims its resolve – that is known as the Global Shared Container Platform (GSCP for short) – has what it takes to address remarkable inefficiencies in the marketplace, providing significant economy for businesses throughout the supply chain and reducing the industry’s toll on the environment. Although being a “hugely valuable” sector, Blockshipping affirms the sphere has been suffered for years by security threats, overcapacity and ever-tightening environmental policies – adding that some problems have stayed unresolved for years.

During a 3-4 year time, the Scandinavian firm intends to have 60 percent market range – equating to 16 million shipping containers – and wishes its utility token will turn of the standard currency for transactions between companies working in the industry.

In some weeks Blockshipping is waiting for announcing 3-4 cooperation contracts with different technology partners who will support Blockshipping in expanding the GSCP platform. Blockshipping has declared a partnership with MakerDAO, the establishers of the Dai stablecoin. The cooperation especially concentrates on the internal clearing and settlement token in the GSCP platform called CPT – Container Platform Token – that aims to be stable at all time. The partnership is supposed to accelerate development and availability of the Blockshipping GSCP by using Maker DAO’s proven Dai Stablecoin System to operate the GSCP platform.

We look forward to a partnership with Blockshipping in developing the best possible solution for transforming the container shipping space, where the Blockshipping solutions on the longer term can be “powered by Dai.” We are eager to show that our stablecoin system is perfectly designed for supply chain projects like Blockshipping’s GSCP platform.
Rune Christensen,
CEO, MakerDAO

Blockshipping claims its GSCP platform has been financed by the Danish Maritime Foundation as well as private angels, but an ICO is being presented to “further accelerate the development and adoption” of the ecosystem.

DFINITY to Postpone Internet Computer Launch

The project is currently assessing the time frame for the completion of the MVP
14 December 2018   67

The blockchain project Dfinity reported in its blog postponing the launch of its main product.

Previously, Dfinity chief scientist Dominic Williams said that his company intends to create an “Internet computer that will become cloud 3.0”, compete with Google Cloud and Microsoft Azure, and also change the face of the blockchain industry.

According to him, the project team is developing a technology that has 150 higher performance than Ethereum blockchain and 900 times - Bitcoin. In essence, the project creates a “giant Internet computer”, whose work will be supported not by one company, but by all participants of the Dfinity protocol.

Initially, the release of a minimum viable product (MVP) was planned for the first quarter of 2019. However, according to company representatives, working on a trimmed version may slow down progress in creating a complete product.

The project is currently assessing the time frame for the completion of the MVP. Also, noted in Dfinity, before the end of the first quarter a new set of development tools (SDK) will be released, which will shed light on the future plans of the company.

In August, the Dfinity Foundation attracted $ 102 million of investments in the framework of a closed tokensale. Prior to this, at the beginning of the year, the Dfinity Foundation raised $ 61 million from Andreessen Horowitz and Polychain Capital.