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Cai Mep International Terminal uses blockchain technology

As the world modernises at a mindboggling pace, more and more companies are switching to blockchain technology.
Cai Mep International Terminal uses blockchain technology ảnh 1Vessel Margrethe Maersk enters Cai Mep International Terminal (Photo courtesy of the terminal)

Ba Ria-Vung Tau (VNA) - As the world modernises at a mindbogglingpace, more and more companies are switching to blockchain technology.

Cai Mep International Terminal (CMIT) said they are the first in their line ofbusiness to adopt blockchain to better serve their clients.

Earlier this month, CMIT announced it had joined the TradeLens digital platform,an open and neutral blockchain-based platform that is digitising the globalsupply chain and transforming trade.

A joint venture between Vinalines, Saigon Port and APM Terminals, CMIT is oneof the largest terminals in Cai Mep-Thi Vai deep-water gateway port complex,which currently accommodates mainline vessels with a capacity up to 194,000DWT/21,500TEU connecting Vietnam with Europe, North America and Asia.

The move is part of CMIT’s commitment to innovate and apply e-solutions andhigh tech to ensure the business runs smoothly, said Jan Bandstra, GeneralDirector, adding that joining Tradelens enables immediate updates on cargodata, directly supporting our customers’ supply chain planning efficiency.

Nguyen Xuan Ky, Deputy General Director said working in this high-tech way willultimately increase efficiently. 

According to Ky, the platform brings together all parties in the supply chain –including cargo owners, freight forwarders, inland transportation providersincluding rail and trucking, ports and terminals, ocean carriers, customs andother government authorities into a single, secure data-sharing andcollaboration platform.

Developed in collaboration between Maerskand IBM, TradeLens is currently supported by more than 100 diverse organisationsacross the industry./.
VNA

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