Maersk charts blockchain future
AP Moller—Maersk has entered into a joint venture with IBM and logistics company Agility, which aims to use blockchain technology to make the companies’ supply chains more efficient and secure.
Maersk, controlled by the eponymous family via AP Moller Holding A/S, wants to create a trade platform using distributed ledger technology, which establishes a shared, set-in-stone record of transactions. It also allows those within a particular network to access the data minutes after transactions take place.