Hyundai Merchant Marine trials blockchain service
Hyundai Merchant Marine (HMM) has completed its first blockchain pilot voyage, with the technology used for everything from shipment booking to cargo delivery.
The vessel carried reefer containers from South Korea’s Busan port to China’s Qingdao port, and HMM has reviewed the feasibility of adopting the technology into shipping and logistical operations.
HMM also tested and reviewed the possibility of combining blockchain technology with the Internet of Things (IoT) technology to monitor and manage reefer containers on board the ship in real time.
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