Have you ever thought about the complexity behind operations at a maritime port? The port ecosystem is enormous and involves a huge number of different stakeholders and entities. Each port’s daily logistics include retailers, freight forwarders, carriers, consignees, port authority, container terminals, shippers, shipping agents and more.

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Unfortunately, every one of these operators usually has their own digital systems of record, allowing almost no interconnection between peer companies. Stagnant silos of duplicated, unverifiable, inaccessible pools of information are produced, and the real potential of the data goes almost totally untapped.

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Now imagine the smart port of the future, with interconnected digital hubs enhancing the supply chain of all operators and carriers. There is a single unified view of the data across the entire chain, serving as a source of truth accessible to all ecosystem stakeholders. This is exactly what IBM is doing in the Port of Valencia as part of the Dataports H2020 EU project.

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IBM joined forces with the Valencia Port Foundation to modernize the port’s business processes by creating transparent, verifiable and trusted data sharing across the port’s ecosystem. We accomplished this using blockchain technology and Hyperledger Fabric.

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