Despite the revolution brought on by the advent of the cart, the ship, the engine, and the airplane, the shipping industry as a whole has been one of the slowest markets to adapt and evolve over the past century.
The Information Age has disrupted nearly every major workforce on the planet.
Globalization has opened new trade routes, technology has changed the way we shop and spend, and so naturally, the demand for shipping has reached an all-time high.
It’s no wonder that most shipping customers are shocked and dismayed to find their brokers still relying on artifacts like paper records, written manifests, and spoken words to get cargo from point to point.
It’s time for a breakthrough in how we handle freight.
Blockchain technology is often characterized as “disruptive” because it can revolutionize the way we interact as a society.
Distributed ledgers are disruptive for ancient business models in the same way email disrupted the mailbox.
Applied correctly, a blockchain will facilitate the digitization of recordkeeping processes related to the trade of assets, even in scenarios when intermediaries and brokers are incentivized to resist revolution.
The blockchain can improve the transportation of commodities in every country, across the entire globe, and beyond. We’re launching ShipChain to make that leap possible.