Hong Kong ’s government has been trying to crack down on the illegal activities of its citizens in China. Published: 2:02pm, The platform, expected to launch at the end of the year, is designed to act as a single system where shippers, freight forwarders, imports and terminal operators can see the entire supply chain in one place. Much of the documentation involved in shipping is currently paper based, meaning processes are inefficient and vulnerable to fraud. TradeLens aims to tackle these issues with blockchain's end-to-end verification.
Hong Kong ’s government has been trying to crack down on the illegal activities of its citizens in China. The platform, expected to launch at the end of the year, is designed to act as a single system where shippers, freight forwarders, imports and terminal operators can see the entire supply chain in one place. Much of the documentation involved in shipping is currently paper based, meaning processes are inefficient and vulnerable to fraud. TradeLens aims to tackle these issues with blockchain's end-to-end verification.