Blockchain Success cases: Supply Chain and Logistics

If there’s a sector where Blockchain Technologies could be the new mainstream, logistics and supply chain management would be the ones.

The biggest players in the game have started to realize that the technology’s ability to record transactions between parties in a permanent and secure way could have multiple uses in logistics.

Blockchain in Global Trade Logistics

With an estimated 90% of world trade carried out by the international shipping industry every year, achieving new efficiencies in trade logistics could have huge implications on the global economy. According to the World Economic Forum, reducing supply chain barriers could increase global gross domestic product (GDP) by nearly 5% and global trade by 15%.

Blockchain Technologies could be the answer to many of the frictions in global trade logistics, including procurement, transportation management, track and trace, customs collaboration, and trade finance. With the help of blockchain, the companies can optimize the cost as well as the time needed for trade documentation and administrative processing.

blockchain success cases graph of logistics procedures

Case Study: Maersk

In collaboration with IBM, the world’s largest container shipping company Maersk has started a venture to streamline ocean freight with a blockchain system which tracks international cargo in real-time.

The blockchain-based system will help to digitize workflows and allows each stakeholder in the supply chain to follow the progress of goods during the transit process. Blockchain technology is perfect to ensure secure data exchange and a tamper-proof repository for customs documents, bills of lading and other data, and make them available to the stakeholders.

All in all, this partnership will hopefully reduce fraud and delays, which could lead to billions of dollars in savings.

Case Study: ZIM

Israeli container shipping company ZIM has conducted a pilot to digitize the bill of lading: an essential shipping document which holds critical information like destination, product description, quantity, billing information and handling.

According to industry estimates, more than 10% of freight invoices contain inaccurate data: this is the type of inefficiency ZIM aims to amend. During the trial period, while ZIM and other pilot participants issued, transferred, and received bills of lading through a blockchain system, the blockchain application developed by Wave Ltd was often praised as the “holy grail” application in logistics.

Industry adoption of a digital bill of lading could mean reducing costs in supply chains, enabling error-free documentation and making a transfer of original documents faster.

Case study: Port of Rotterdam and CargoLedger

Another blockchain-based partnership to keep your eye on is that of Port of Rotterdam and CargoLedger to implement a blockchain solution for tracking shiploads.

The Blockchain solution will record and process data from labeled loads so that the receivers in Rotterdam’s port can gain immediate insight into the conditions of the load.

All in all, the blockchain will be applied in order to improve quality control in supply chains and establish a transparent and secure system to innovate the management and handling of cargo.

Blockchain in Supply Chain

Blockchain technology has also a huge potential to improve supply chain transparency and monitor provenance. In the consumer goods and retail industry, many of the biggest players have undertaken initiatives to amass data about how goods are made, where they come from, and how they are managed. If this information is stored in a blockchain-based system, the data becomes permanent and easy to share, improving that way the comprehensive track-and-trace capabilities.

There are many companies that can benefit from a blockchain-based system. The information available can be used, for example, to provide proof of legitimacy for products in pharmaceutical shipments, and proof of authenticity for luxury goods.

These blockchain initiatives also come with clear benefits for the consumer, as people can have more information about the products they are buying, for example, whether a product has been ethically sourced, is an original item, and has been preserved in the correct conditions.

Case Study: Walmart

In cooperation with IBM, retail chain Walmart is working on blockchain pilots with the goal of enhancing their supply chain transparency and tracking their goods more efficiently.

The lack of transparency in Walmart’s multi-actor food supply chain makes it difficult to track and identify the provenance of their products. This issue might seem trivial at some levels, but becomes rather vital, when the food is contaminated and causes illness in customers.

Last autumn, when dozens of people in the U.S got sick from eating contaminated romaine lettuce, the grocer cleared its shelves. With a blockchain-based system, they would have been able to pinpoint right away which batches of lettuce were contaminated and from where they came from.

In Walmart’s case, blockchain system is used currently to record temperature in the transportation unit during the transit. In this way, the company can control and assure quality and food condition more efficiently.

Case Study: Alibaba

The Chinese giant Alibaba has always been among the pioneers to adopt blockchain solutions. For example, it has turned to blockchain to fight food fraud, secure medical data and track cross-border shipments.

Through its subsidiary Lynx International, Alibaba integrated blockchain technology to track information in its cross-border logistics operations. Their system has now an immutable record of shipment information such as details about the production, transportation, customs, inspection and any third party verification.

For a shipping and logistics company like Lynx, security and transparency cannot be overemphasized. Blockchain proved to be, therefore, the ideal solution for them.

Want to learn more about Blockchain Technologies?

Showing 33 comments
  • Rosalie Wolters

    Transport and Logistics now digitally transform in 21st century. It gives wing to develop logistics and transport firm. Blockchain Technologies could be the answer to many of the frictions in global trade logistics

  • Logistic Solution

    I appreciate to blogger for wonderful post. will definitely share this blog to my group.

  • Kill

    There is definately a great deal to learn about this topic.
    I love all the points you have made. This is a topic which is close to my heart…

    Best wishes! Exactly where are your contact details though?

    Ahaa, its fastidious conversation regarding this post here at this website, I have read all that, so at this time
    me also commenting here.

  • 메이저놀이터

    I constantly spent my half an hour to read this website’s articles or reviews every day along with a mug
    of coffee.

  • 사설토토

    Hi mates, its wonderful paragraph regarding educationand
    entirely defined, keep it up all the time.

  • 메이저놀이터

    Way cool! Some very valid points! I appreciate you writing
    this article and the rest of the site is very good.

  • 안전놀이터

    Hey there would you mind letting me know which webhost you’re utilizing?
    I’ve loaded your blog in 3 completely different internet browsers and
    I must say this blog loads a lot faster then most.
    Can you suggest a good internet hosting provider at a fair price?
    Thank you, I appreciate it!

  • 안전놀이터

    Magnificent beat ! I would like to apprentice while you
    amend your web site, how can i subscribe for a blog
    site? The account helped me a acceptable deal.

  • Robert William

    Thank you so much for providing an informative and helpful article regarding blockchain success cases. This really helpful for the new beginners.

  • Top Shelf Bread

    Hmm is anyone else experiencing problems with the pictures
    on this blog loading? I’m trying to find out if its a problem
    on my end or if it’s the blog. Any feedback would
    be greatly appreciated.

  • niHAF0sgjymP7

    An attention-grabbing discussion is worth comment. I believe which you need to write a lot more on this matter, it won’t be a taboo subject nonetheless typically persons are not sufficient to speak on such topics. Towards the next. Cheers

  • Droxa Derm Review

    Good post. I learn something totally new and challenging on blogs I stumbleupon everyday.

    It will always be interesting to read through articles from other writers and
    practice something from their sites.

  • sibutramine for sale

    Its like you read my mind! You seem to know a lot about this, like you wrote the book in it
    or something. I think that you could do with some pics to
    drive the message home a little bit, but instead of that, this is
    fantastic blog. A fantastic read. I’ll certainly be back.

  • Joe

    I’ve been surfing online more than three hours today, yet I never found any interesting article like yours. It’s pretty worth enough for me. In my opinion, if all site owners and bloggers made good content as you did, the web will be much more useful than ever before.

  • Reply

    Pretty portion of content. I just stumbled upon your site and in accession capital to
    assert that I acquire actually enjoyed account your blog posts.
    Anyway I’ll be subscribing for your augment or even I achievement you get right of
    entry to consistently quickly.

  • Milagro

    Thanks for writing this awesome article. I’m a long time reader but
    I’ve never been compelled to leave a comment. I subscribed to your blog
    and shared this on my Facebook. Thanks again for a
    great post!

  • formation en esthétique

    Greetings! This is my first visit to your blog! We are a collection of volunteers
    and starting a new initiative in a community in the same niche.
    Your blog provided us useful information to work on. You have done a extraordinary job!

  • Reply

    Very Good Explanation on the topic of Supply Chain & Logistics Companies.

  • pengeluaran sgp

    This design is wicked! You definitely know how to keep a reader entertained. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Great job. I really enjoyed what you had to say, and more than that, how you presented it. Too cool!

  • ht wps breaker

    I am glad to be one of the visitors on this great website (:, appreciate it for posting .

  • 먹튀검증

    What’s up, just wanted to mention, I liked this
    article. It was funny. Keep on posting!

  • Reply

    It’s enormous that you are getting ideas from
    this article aas well as from our arggument made at this place.

  • feder fiskeolie

    A round of applause for your blog article.Really thank you! Will read on…

  • pengeluaran sgp

    Hello to everyone, because I am truly eager of reading this webpage’s post to be updated on a regular basis. It includes nice information.

  • Reply

    Hi there, every time i used to check blog posts here early in the daylight, for the reason that i enjoy
    to learn more and more.


    Thanks for one’s marvelous posting! I definitely enjoyed reading
    it, you are a great author.I will make sure to bookmark your blog and
    will eventually come back very soon. I want to encourage
    yourself to continue your great work, have a nice morning!

  • Keto

    Excellent way of explaining, and good article
    to obtain information concerning my presentation topic, which i am going to deliver in institution of higher education.

  • pengeluaran sgp

    This is very interesting, You’re a very skilled blogger.I’ve joined your rss feed and look forward to seeking more oof your excellent post.Also, I hve shared your site in my sodial networks!

  • Reply

    Nice Blog, very informative. When it comes to International business Supply Chain & Logistics Companies are very helpful.

  • 먹튀검증

    We stumbled over here from a different page and thought I should check things out.
    I like what I see so now i am following you. Look forward to finding
    out about your web page repeatedly.

  • Jordon Alhambra

    Attractive section of content. I just stumbled upon your weblog and in accession capital to assert that I get in fact enjoyed account your blog posts. Any way I’ll be subscribing to your feeds and even I achievement you access consistently fast.

pingbacks / trackbacks
  • […] to other industries. Blockchain has been more widely adopted in the banking and Fintech industry. Supply chain management and logistics is another industry where the blockchain has been used to achieve transparency and to build an […]

  • … [Trackback]

    […] Read More Infos here: […]

Leave a Comment