Pacific International Lines (PIL), PSA International and IBM Singapore (IBM) have signed a Memorandum of Understanding (MOU) to trial blockchain-related solutions.
The Singapore-based carrier and terminal operator have become the latest companies in the supply chain to trial the technology, with Maersk beginning work with IBM earlier this year.
The companies will explore and trial proof of concept (POC) blockchain-based innovations related to supply chain business networks, hoping to achieve better security, efficiency and transparency.
You need a free subscription to read the entire article.
Login if you have already subscribed.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.