CargoSmart, Tesla and Cosco to Pilot Blockchain Tech in Cargo Release Process

CargoSmart’s and Tesla are testing a new blockchain application to streamline the cargo release process. CargoSmart, the software wing of the Hong Kong-based Orient Overseas Container Line, aims to transform the cargo release process using its new blockchain application. According to a report published by Splash 247 on April 7, CargoSmart partnered with Cosco,  Shanghai […]

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ConsenSys-Associated Agritech Project Covantis Officially Established

Covantis, a blockchain agritech project run by agribusiness giants like Cargill, is officially established in Geneva and appoints CEO. Covantis, a blockchain agribusiness initiative backed by major industry company ConsenSys, has taken another step towards transforming global trade and supply chain operations. Backed by global agribusiness giants like Cargill and Bunge, Covantis has been officially […]

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Alibaba Imports E-Commerce Platform Adopts Blockchain Traceability System

Alibaba’s import e-commerce platform embraces ant blockchain traceability system to make consumer goods transparent and trackable. Chinese e-commerce giant Alibaba announced its import e-commerce platform Koala has updated its products to include a full-link traceability blockchain system on March 16, according to a Sina Finance report from March 17.  Blockchain increases logistic transparency  The report […]

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