A.P. Moller-Maersk and IBM are establishing a joint venture to provide more efficient and secure methods for conducting global trade using blockchain technology. By applying the technology to digitize global trade processes, a new form of command and consent can be introduced into the flow of information, empowering multiple trading partners to collaborate and establishing a single shared view of a transaction without compromising details, privacy or confidentiality. The platform is built on IBM blockchain technology.
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