Tradelens is a blockchain-based supply chain platform that facilitates secure and transparent information sharing among stakeholders in the global shipping industry. It streamlines trade processes by digitizing documentation, enhancing visibility across the supply chain, and improving collaboration among shippers, freight forwarders, ports, and customs authorities.
Tradelens
Tradelens is a blockchain-based supply chain platform that facilitates secure and transparent information sharing among stakeholders in the global shipping industry. It streamlines trade processes by digitizing documentation, enhancing visibility across the supply chain, and improving collaboration among shippers, freight forwarders, ports, and customs authorities.
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About Tradelens
Tradelens was created in 2018 by IBM and Maersk to address inefficiencies in the global shipping industry. It aimed to digitize and streamline trade processes by leveraging blockchain technology for enhanced transparency, security, and collaboration among supply chain participants. The platform sought to reduce paperwork, improve data sharing, and increase visibility across shipping networks.
Strengths of Tradelens included enhanced transparency, improved data accuracy, and streamlined communication across the supply chain. Weaknesses involved potential resistance to adoption due to existing systems and the need for widespread collaboration among diverse stakeholders. Competitors included other blockchain-based platforms like IBM Food Trust and traditional logistics software solutions such as SAP Logistics Business Network.
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How to hire a Tradelens expert
A Tradelens expert must possess skills in blockchain technology, data analytics, and supply chain management. Proficiency in using the Tradelens platform for tracking and managing shipping data is essential, as well as understanding smart contracts and distributed ledger technologies. Familiarity with API integration and data security protocols is also important for effectively utilizing the platform.
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