GCTL8.com (FocusAsia Media Ltd)

COPENHAGEN, Mar 8 (FAM) – Maersk is joining hands with IBM to use block chain technology to digitalise paperwork related to the global supply chain process to improve efficiency and optimise costs.

The so-called block chain solution will allow Maersk and IBM to manage and monitor the documentation of containers shipped across the globe from one end of the supply chain to the other and share this data with trading partners.