New Zealand based TradeWindow has entered into a trial agreement with maritime blockchain firm Global Shipping Business Network (GSBN) to work on a proof of concept that would allow GSBN shipping and port data to be integrated into TradeWindow’s Cube platform.
“This agreement supports our vision to facilitate greater digital collaboration, transparency, insights, and trust between trade stakeholders along the supply chain, and will initially improve the experience of TradeWindow’s customers via increased visibility of port events,” said TradeWindow CEO, AJ Smith.
“Using insights from the proof of concept, we can work with GSBN to define an ongoing service for the New Zealand and Australian market. There is potential in the future to expand the cargo release data and documents we access to include further international shipping, port, and clearance data within the Cube environment.”
GSBN’s blockchain-powered trade data utility platform was built in partnership with Oracle, Microsoft, AntChain, and Alibaba Cloud and officially went live in September 2021. The GSBN consortium includes ports and shipping stakeholders such as COSCO Shipping, Hapag-Lloyd, Hutchinson Ports, and PSA International.
The proof of concept will provide TradeWindow’s pilot customers with visibility of ‘container gate out’ events received from within GSBN’s network of stakeholders.
“Our proof of concept with TradeWindow is the first of its kind in New Zealand and provides an excellent opportunity for us to test the viability of providing visibility of port data and documents via TradeWindow’s Cube, which benefits our members and their end customers,” said Bertrand Chen, CEO of GSBN.