Antwerp, Wednesday, June 13, 2018 – The Antwerp Port Authority and the Antwerp blockchain start-up T-Mining have developed a solution to make document flows safer and more efficient.Read More
Read the key takeaways of my keynote at the Blockchain Seminar for Supply Chain last month in Houston https://bit.ly/2rLI5kI
We expect that in future there will not be a single global blockchain network for logistics but instead many isolated permissioned blockchains:
1. Community blockchains e.g. organized per port as in Antwerp, Abu Dhabi, Rotterdam
2. Initiatives from ecosystems between consortia members
3. Blockchain initiatives of individual companies e.g. Maersk, Wallmart.
We believe that current time is not right for a single platform due to commercial sensitivities, distinct views on technology choices and different perspective on governance of blockchain networks. Governance is a not to underestimate topic for blockchains. Although some believe there is no middleman, there is still a strong requirement for a governance body setting the rules of the game: when to update/fork, who to grant permission, … and this can range from democracy based on voting up to a monopoly where one big party defines the rules. Every blockchain is like a country, a sovereign entity with its own law. Stakeholders in any supply chain, whether they are private companies or authorities, decide which countries to join implicitly following the ruler of the country or the citizens in more democratic regimes.
All 3 above variants share however the desire to foster inter-company collaboration at arm’s length and this in full trust, hence without a strong middleman able to change on the fly the agreed rules of the game (ie. need for governance). Through these isolated blockchains new efficiency gains are expected in a similar way as in previous decades the introduction of ERP software increased intra-company efficiency.
Although there is a lot of value in these blockchain islands, to benefit the full potential, these isolated networks will need to be linked with enterprise legacy software and interconnect with each other to allow any to any transactions crossing boundaries of individual blockchains.
This will require specific standards for this vertical (hopefully based on API interaction instead of EDI) and blockchain interoperability meaning the ability to interconnect blockchain to bridge between these emerging blockchain islands.
Happy to observe that UNECE is working on these standards and that on the topic of interoperability promising progress is expected on interconnecting blockchains via the internet of blockchains from #Cosmos
De douane onderzoekt in de strijd tegen wapens en drugs of het mogelijk is om in de haven van Antwerpen alle containers op de terminals te screenen. Dat kondigt administrateur-generaal Kristian Vanderwaeren aan in Knack.Read More
"Smart Port" is part of a five-pronged programme being developed by the city of Antwerp to become a European leader for the Internet of Things. The Antwerp start-up T-Mining has already taken a first concrete step towards this, with a secure system for collecting containers in the port.Read More
T-Mining is currently working on a pilot project that will make container handling in the port of Antwerp more efficient and secure. Using blockchain technology, processes that involve several parties – carriers, terminals, forwarders, hauliers, drivers, shippers etc. – are securely digitised without any central middleman being involved.Read More
Imec, ’s werelds toonaangevende onderzoeks- en innovatiehub op het vlak van nano-elektronica en digitale technologie, maakte vandaag bekend dat in het eerste kwartaal van 2017 zes beloftevolle starters werden geselecteerd voor het imec.istart programma. Imec.istart ondersteunt tech start-ups bij het op de markt brengen van hun idee of product.Read More