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Daily Review: Digitization of Global Trade with Blockchain Technology – IBM Leads the Way

Being one of the game changers providing Blockchain-as-a-Service (BaaS) platforms, it comes as no surprise that IBM seeks to transform business models and enabling infrastructure in another industry – global trade. The right way to do it is to partner with the strongest.

Pick #1. IBM Forges Global Joint Venture with Maersk Applying Blockchain to ‘Digitize’ Global Trade

By applying the technology to digitize global trade processes, according to the joint venture partners a new form of command and consent can be introduced into the flow of information, thereby empowering multiple trading partners to collaborate and establishing a single shared view of a transaction – without compromising details, privacy or confidentiality.

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