COSCO SHIPPING SPE. has decided to become a member of the Global Shipping Business Network (GSBN), a blockchain-based data exchange platform.

On 1 June, the two parties held a virtual cooperation agreement signing ceremony, officially inaugurating COSCO SHIPPING SPE. as a new member of the consortium.

“The effective integration of COSCO SHIPPING SPE.’s digital shipping platform with GSBN’s blockchain platform will offer a fundamental solution to data and resource exchange with industry chain partners, comprehensively simplify operations across the entire supply chain, and achieve mutually beneficial results for all stakeholders,” commented COSCO in a statement.

Source : Container News