The first paperless, instantly financed and fully door-to-door tracked container made its way from Korea to the warehouse of Samsung SDS in Tilburg via Port of Rotterdam on Blockchain-based platform DELIVER.
ABN AMRO, Port of Rotterdam and Samsung SDS demonstrated that blockchain technology enables interoperability, and that integrated container tracking and tracing, required cargo documentation processing and financing can all be done in a trusted, secure and paperless way.
New technologies such as blockchain have the potential to take over supply chain management entirely and disrupt traditional ways of working. As demonstrated in a Proof of Concept (PoC), a comprehensive supply chain management system with paperless integration of physical, administrative and financial flows is now truly feasible. The DELIVER concept fuels process automation and provides value for all actors in the supply chain.
The DELIVER Concept
The Proof of Concept has shown that DELIVER can support cross-supply chain end-to-end visibility for multi-modal cargo transport via ocean carrier, truck and inland barge shipping, as well as streamline access to finance.
The interoperability between physical and blockchain platforms enables an international trade ecosystem that allows safe sharing of commercial, sensitive and confidential information, and transfer of ownership between supply chain participants.
According to Robert van der Waal, Deputy President of Samsung SDS EU/CIS, DELIVER has clearly demonstrated its significant potential. “The first shipments to use the platform gave us a good insight into the possibilities of large-scale implementation. As cargo recipient, we benefitted from real time information and advance availability of digitized cargo documentation. We can re-design our processes more efficiently, enabling us to act based on real-time events and trusted data. Ultimately, this will strengthen our service proposition to customers.”
