Port of Rotterdam tests blockchain to link container logistics and payments

Port of Rotterdam tests blockchain to link container logistics and payments

The Port of Rotterdam has made moves toward digitisation when it comes to safety, climate change and cybersecurity. This pilot is intended to further expand that work to port transactions.

Paul Smits, the Port of Rotterdam Authority’s CFO, explained that currently, payments, administration and the physical movements of the containers are managed through separate, paper-based operations, resulting in inefficiency.

“The transportation, monitoring and financing of freight and services should be just as easy as ordering a book online,” Smits said in the release.

By Emma Cosgrove

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