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IBM, Maersk Announce Global Blockchain Shipping Venture

IBM and A.P. Moeller-Maersk on Tuesday announced a joint venture to create a platform based on Hyperledger Fabric 1.0, with the goal of creating huge efficiencies in the global supply chain. IBM and Maersk have teamed up to provide a more efficient method of standardizing shipping logistics using blockchain technology. "Adoption of Hyperledger Fabric by Maersk and ... IBM has the potential to remake the shipping sector landscape and its use of information technology," said Brian Behlendorf, executive director of The Linux Foundation.

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