Hong Kong-based Global Shipping Business Network has the largest blockchain platform for collaboration in shipping and logistics after Maersk and IBM’s TradeLens closed.

However, in late 2022 Maersk and IBM made a significant announcement that shook the logistics industry - the discontinuation of TradeLens, a blockchain-enabled global trade platform.

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 ...

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 ...

Danish shipping giant AP Moller-Maersk and tech giant IBM have discontinued TradeLens, a blockchain-enabled global trade platform. Launched in 2018, the platform aimed to bring together various ...

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.

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