Forwarder Blockchain Platform

Tradelens and GSBN build an international ocean transportation blockchain platform, which provides Port to Port international ocean transportation through adopting blockchain technology. Blockchain technology helps to document the flow of goods, which allow suppliers, carriers and customers to receive instant information on the status of goods, thus greatly reduces the paperwork required during each shipment.

All documents and files on the platform will not be tampered with, but information will be transparent to related entities, thus improves the operational efficiency and real time analysis.

The Forwarder blockchain platform bases on blockchain to provide Door to Port and Port to Door ecosystem supply chain services of the international ocean transportation. In the future, the connection with the international ocean transportation platform will be able to provide a complete Door to Door platform service for international ocean transportation.

Ocean Shipping Ecosystem

For a long time, the international ocean transportation industry has had a complex process, communication between related units is highly dependent on paper works. The pain point is that this made information insecure and easily changeable by people, and will create confusion during process. The Forwarder blockchain platform is built to solve the above problems. The ecosystem includes shippers, freight forwarders, customs brokers, notaries, car freight, container yards, peer consolidation, shipping companies, government authorities, etc. These units have information that needs to be shared, and these can be tracked, stored and operated on the platform to complete the process of port to port ocean transportation.

Forwarder Ecosystem Supply Chain process and Documents Operation This platform adopts blockchain technology to ensure that all structured and unstructured documents on the platform, once confirmed, cannot be altered and tampered with, and each document can be continuously traced, making the platform a "trusted platform"

Real-time analysis of Forwarder blockchain platform
Anticipated benefits of shipping blockchain platform

The IOne forwarder blockchain platform can be expected to have several disruptive effects on the international ocean transportation industry.

  • the entire ecosystem operates on the platform, which digitalizes the traditional paper-based shipping operation process. In addition, all structured and unstructured data on blockchain can not be tampered with, but can be traced, thus improves the efficiency of this ecosystem.
  • The platform pouch confirms that the correct documents can replace the traditional need to send export documents to customers by air or email, which greatly improves the efficiency of customs clearance.
  • Since each shipment document on the platform is traceable, when the owner needs financing, the bank or financial service industry can perform financing review via platform, which greatly reduces the cost and time needed for evaluation, thus speeds up the process.
  • In the future, the platform can connect with international transportation platforms to realize door to door sea transportation.