offshore shipping companies CMA CGM , Hapag - plc and Cosco have joined the Global Shipping Enterprise Network ( GSBN ) blockchain project . Pilot schemes for the project are under way and GSBN members say it will start in 2020 . Software is being supplied by CargoSmart . The platform said benefits of the network include secure data exchange and visibility . GSBN is the second such large network to be established . shipping company Maersk and IBM have launched the TradeLens blockchain platform , expected to be live by the end of 2020 . Some shipping companies , including Hapag - plc , have joined both .
Container shipping companies CMA CGM, Hapag-Lloyd and Cosco have joined the Global Shipping Business Network (GSBN) blockchain project. Pilot schemes for the project are under way and GSBN members say it will launch in 2020. Software is being supplied by CargoSmart. The platform said benefits of the network include secure data exchange and visibility. GSBN is the second such large network to be established. Shipping company Maersk and IBM have launched the TradeLens blockchain platform, expected to be live by the end of 2019. Some shipping companies, including Hapag-Lloyd, have joined both.