General shots of the Modern Terminals in Kwai Chung in Hong Kong on 7 June 2017. Photo: SCMP/David Wong
General shots of the Modern Terminals in Kwai Chung in Hong Kong on 7 June 2017. Photo: SCMP/David Wong

Modern Terminals embraces Maersk’s blockchain maritime database to speed up shipping

  • Modern Terminals has signed on to a Maersk-IBM blockchain platform to digitise shipping, a notoriously paper-based business
  • A rival blockchain solution is being developed as competitors are concerned about Maersk’s dominance of the future of shipping, which carries 90 per cent of global trade

General shots of the Modern Terminals in Kwai Chung in Hong Kong on 7 June 2017. Photo: SCMP/David Wong
General shots of the Modern Terminals in Kwai Chung in Hong Kong on 7 June 2017. Photo: SCMP/David Wong
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