After four years, Maersk is shuttering its blockchain experiment aimed at creating an efficient and inexpensive method for tracking global shipments. While blockchain consortiums may struggle ...

IBM and Maersk are closing TradeLens by the first quarter next year, after the blockchain-based supply chain service failed to attract enough users to be commercially viable.

Last week, TradeLens announced the discontinuation of operations ending operations in the first quarter of 2023. The launch of the platform in 2016 was a joint initiative by A.P. Moller - Maersk ...

With the crypto industry under fire, some blockchain projects are also on the chopping block. It wasn’t supposed to be this way. After all, blockchains — distributed ledgers whose promise has ...

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.

Maersk and IBM have decided to discontinue their blockchain-enabled trading platform, TradeLens, by early 2023, after the solution failed to achieve commercial viability, according to an ...

Computing giant IBM Corp. and Danish shipping company A.P. Moller – Maersk are discontinuing their blockchain-enabled shipping platform, TradeLens, which was jointly developed by the two ...

Maersk and IBM have decided to discontinue their blockchain-enabled trading platform, TradeLens, by early 2023, after the solution failed to achieve commercial viability, according to an ...

Freight transportation giant Maersk and tech company IBM teamed up to prove the power of blockchain for the real world. Five years ago, the two announced a collaborative effort called TradeLens.

Maersk will discontinue their blockchain-based supply chain platform, TradeLens, after it failed to be adopted by industry participants ...