Šifrování zprávy

Leading UK Port Operator Seeks to Improve Shipping Logistics via Blockchain

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A UK port operator that handles 25 percent of cargo shipments in the country wants to integrate blockchain in its supply chain.

UK’s leading port operator, Associated British Ports (ABP), has signed an agreement with digital logistics enabler Marine Transport International to develop blockchainu use for port logistics, Dry Bulk magazine reports Wednesday, September 19.

Under the agreement with Marine Transport International, ABPwhich operates in 21 ports and carries out 25 percent of the cargo shipments in Great Britainwill take part in pilot shipments using blockchain technology.

According to Dry Bulk, each party in ABP’s supply chain lacks connection with others, as port operators, carriers, and shippers use different systems. As a blockchain solution for port logistics could reduce time spent on the manual review of scattered data, Jody Cleworth, founder and CEO of Marine Transport International, noted:

“With blockchain, we can connect all those systems to ensure data is accurately and quickly shared, helping speed-up and simplify the flow of trade in and out of the UK.

Earlier in June, Denmark revealed its plans to implement blockchain technology to register ships in local ship registers. A subsidiary of Abu Dhabi Ports has also zahájila its own domestic blockchain solution for logistics.

V květnu, Fred Smith, CEO for global delivery service FedEx, commented on the benefits of blockchain for supply chains, calling the technologythe next frontier that’s going to completely changethe whole industry.

Domů Šifrování zprávy European Central Bank: ‘No Plans’ for Digital Currency, Cash Demand Growing
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European Central Bank: ‘No Plans’ for Digital Currency, Cash Demand Growing
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European Central Bank: ‘No Plans’ for Digital Currency, Cash Demand Growing

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The European Central Bank is not planning on issuing its own digital currency under current conditions, President Mario Draghi has confirmed.

The European Central Bank (ECB) has “no plansto issue its own digital currency, President Mario Draghi told the European Parliament Wednesday, September 12.

Addressing a query by MEP Jonás Fernández, Draghi said “substantial developmentwas still needed in the underlying technology behind cryptocurrencies before the Central Bank would consider using them.

“The ECB and the Eurosystem currently have no plans to issue a central bank digital currency,” he summarized:

“Nonetheless, we are carefully analysing the potential consequences of issuing such a currency as a complement to cash.

Explaining why no plans were afoot at the ECB, Draghi drew attention to those same factors.

"…The technologies which could potentially be used to issue a central bank digital currency […] have not yet been thoroughly tested and require substantial further development before they could be used in a central bank context,” he told Fernández, adding:

“With regard to the central bank administering individual accounts for households and companies, this would imply that the central bank would enter into competition for retail deposits with the banking sector and lead to potentially substantial operational costs and risks.

He added there was at present “no concrete needto issue an additional currency within the eurozone, saying demand for cash banknotes “continues to growin the EU28.

Draghi continues the wary stance the 28-member bloc has traditionally held on bank-issued cryptocurrency, in contrast to moves by countries such as Russia and China.

Earlier this year, a joint report from the ECB and Bank for International Settlements (BIS) highlighted “side effectsof a potential launch of such a currency, also considering the need for more research beforehand.

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