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“Articles : Maury Molina writes ” Blockchain and Maritime Sector

This system works with collaborative platforms and tools that save time and improve the quality of the information. In this way, the process is unified and automated

Blockchain (or chain of blocks) is a shared database that works as a book for the record of purchase-sale operations or any other commercial transaction. It is the technological base of the operation of bitcoin, for example.

By :Maury Molina

 

For a long time, the shipping industry was affected by the low digitization of the sector. This translated into an increase in problems in the supply chain, which with greater frequency was observed how the process of moving goods to the destination ports became complicated and lengthened.

to present. Reviewing all this information can slow down the procedure and also increase the price of the goods transported. Therefore, simplifying this information process implies an improvement in time and effectiveness within the sector.

Advantages and Benefits of Blockchain Technology

Among the main benefits of the implementation of this technology we highlight the following

?It is the solution to some of the main problems in maritime transport today

price of the goods transported. Therefore, simplifying this information process implies an improvement in time and effectiveness within the sector.

?Informative and document management is very complicated, so this type of technology supposes a simplification of the processes, saving time and effort for the agents involved in the maritime transport of goods, reducing the risks in the process.

Blockchain allows a transparent and safer trade, by making all the documentation available to agents electronically. In this way, the document path and any changes that have been made to invoices and purchase orders can be accessed, helping to ensure its authenticity and integrity. With the use of this system, it will be possible to know, at all times, where the goods are, well as the certificates of origin and sale.

This is very useful when we come across products of a sensitive nature

 Direct and Uniform Information Distribution

This system works with collaborative platforms and tools that save time and improve the quality of the information. In this way, the process is unified and automated and, at the same time, the risk of information leaks is reduced. The implementation of this system supposes the reduction of operational costs and administrative costs.

Today, most of the international exports and imports are carried out by means of maritime transport. Being the engine of the global economy. However, despite the growth of our sector, there has been little investment and, therefore, evolution in the processes, something that has resulted in an increase in problems in the supply chain.

This system works with collaborative platforms and tools that save time and improve the quality of the information. In this way, the process is unified and automated and, at the same time, the risk of information leaks is reduced. The implementation of this system supposes the reduction of operational costs and administrative costs.

Today, most of the international exports and imports are carried out by means of maritime transport. Being the engine of the global economy. However, despite the growth of our sector, there has been little investment and, therefore, evolution in the processes, something that has resulted in an increase in problems in the supply chain.

Bibliographic source online

Blockchain y el transporte marítimo

 

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