First ‘paperless’ container shipped to the Netherlands
2 Jul 2019 - by Staff reporter
The first paperless door-to-door tracked container had been shipped from Korea to the Samsung SDS warehouse in the Netherlands via the Port of Rotterdam last week using the blockchain platform DELIVER, Dutch bank ABN AMRO announced yesterday.
According to the bank, its collaborative effort with Samsung and the Port of Rotterdam proved that new technology such as blockchain had the potential to fully control and manage the supply chain.
“A supply chain management ecosystem with a complete, paperless integration of physical, administrative and financial streams is now truly feasible,” said chief innovation officer Edwin van Bommel.
“All parties involved in the trade flow will benefit from more effective controls, greater efficiency, transparency and traceability.”