Blockchain technology to support Maritime Silk Road development
Yuanben and Maritime Silk Road Platform signed the "Blockchain Technical Service Cooperation Agreement". This agreement will provide blockchain services for global maritime freight, ensuring the safety of sea-going cargo transportation for the Maritime Silk Road.
Yuanben and Maritime Silk Road Platform signed the "Blockchain Technical Service Cooperation Agreement". This agreement will provide blockchain services for global maritime freight, ensuring the safety of sea-going cargo transportation for the Maritime Silk Road.
Blockchain technology will be used to provide node deployment, digital content deposit certificates, and a search interface for cargo tracking.
The Yuanben blockchain is a distributed underlying data network, whosee technology relies on Decentralized Trusted Content Protocol (DTCP) to provide security.
In addition, smart contracts and encrypted algorithms will enable the interaction of data within the chain, including the security of data transmission.
In international freight transportation, due to the long cycle and opaque logistics information, goods are difficult to track, something that increases the logistics management cost and increases the risk of cargo loss. This agreement aims to add a unique digital identity to each batch of goods in the silk road and its logistics trajectory using blockchain technology.
In the process, the logistics information is fed back in real time, and the cargo transportation process is followed up rapidly, to ensure that the goods arrive at their destination safely.
