The “Smart Ports & Supply Chain Technologies” conference was held in Rotterdam. During the event, a representative of the Port Authority of the Spanish city of Valencia made a presentation in which he presented a plan for the creation of a “smart port” using blockchain technologies.
According to the report, the use of the blockchain will increase the transparency of supply chains and logistics efficiency even beyond the port management systems. Innovations are also designed to reduce paper workflow and cargo handling time, and reduce maintenance costs. Blockchain technology will help optimize the use of infrastructure resources.
This is not the first experience of introducing innovative technologies into the work processes of seaports. The port of Brisbane in cooperation with PricewaterhouseCoopers (PwC) and the support of the Australian Chamber of Commerce, as well as the Asian port operator, PSA International from Singapore, began developing and testing blockchain platforms for digitizing supply chains.