A blockchain technology-based container logistics pilot was carried out from Asia to the Netherlands. ABN AMRO Bank N.V. is a Dutch bank who has completed the pilot.
The Chief Innovation Officer (CIO) at the Dutch bank ABN Amro Bank N.V. Edwin van Bommel said, “We are strongly committed to help our clients in their process to fully automate their trade flows. All parties involved in the trade flow will benefit from more effective controls, greater efficiency, transparency and traceability.”
A Europe seaport called the Port of Rotterdam Authority and a software solutions & IT services company called Samsung SDS supported the Dutch bank ABN Amro N.V. in working upon the blockchain technology-based container logistics pilot. This working was started at the end of 2018.
Opening up the blockchain technology-based container logistics pilot to a wide range of shippers is a plan of the Dutch bank ABN Amro, Finextra Research reported.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]