Maersk and IBM will wind down their shipping blockchain TradeLens by early 2023, ending the pair’s five year project to improve global trade by connecting supply chains on a permissioned blockchain. The idea was to save its member-shipping companies money by connecting their world. But the network was only as strong as its participants; despite some early wins, TradeLens ultimately failed to catch on with a critical mass of its target industry. (Coindesk)
All Comments