IBM and Maersk Abandon Ship on TradeLens Logistics Blockchain

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Maersk and IBM will wind down their global shipping blockchain TradeLens after deeming the project a commercial failure. realDannyNelson reports

Maersk and IBM will wind down their shipping blockchain TradeLens by early 2023, ending the pair’s five year project to improve global trade by connecting supply chains on a permissioned blockchain.during the “enterprise blockchain” era of 2018 as a high-flying effort to make inter-corporate trade more efficient. Open to shipping and freight operators, its members could validate the transaction of goods as recorded on a transparent digital ledger.

The idea was to save its member-shipping companies money by connecting their world. But the network was only as strong as its participants; despite some

 

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realDannyNelson I think you can try to promote your goods with the universal platform tradeleaf, they take full control of the funding process

realDannyNelson Crypto is worthless

realDannyNelson 1/Check MineHub_Tech they are doing moves.. They avoided the mistakes that caused other companies collapse:namely: 1-They are private and independent of any corporate,so neutral. 2-Strict data governance and residence.been awarded certification on data handling even china

realDannyNelson Et une mauvaise nouvelle de plus pour IBM et pour la Blockchain. Echec d'un projet dans le maritime. Monter en 2022 un partenariat avec IBM? Un exemple de plus qui montre que c'est une mauvaise idée. Voir aussi... Watson dans le domaine de la santé.

realDannyNelson SaveToNotion tweet crypto_fail

realDannyNelson CargoXio

azeem realDannyNelson Wow..does the block chain have any use case left other than ponzi schemes?

realDannyNelson Oh whoops it turns out that’s not a thing. Sorry uh Maersk and IBM, I hope you both uh make a uh lot of money forever.

realDannyNelson 🤣🤣🤣🤣 of course Blockchain is not a great tech

realDannyNelson This isn't really cool for blockchain. The supply chain mgt. is a valid blockchain use-case.

realDannyNelson I've never been bullish on blockchain in general, but, on the surface, this did like one area where it would make sense.

realDannyNelson extrax2030 but VeChain bro has Walmart China Bro! 😂

realDannyNelson Turns out all you need is this thing called a database

realDannyNelson ...and their customers might move to CargoXio , who uses the public blockchain solution ethereum 0xPolygon for the same purpose 🤔🚢🚢🚢😎 DYOR, you can start here:

realDannyNelson

realDannyNelson

realDannyNelson This will create an opportunity for their competitors like CargoX . Watch $CXO as the utility Token needed to transfer documents for CargoX solution.

realDannyNelson That is sad news, wonder why!

realDannyNelson Blockchain no bitcoin

realDannyNelson why privatise what already works. MNWSupplyChain

realDannyNelson $CMDX and $SHIP fixes this

realDannyNelson Don’t use blockchain for something that is intended to be in a SQL database.

realDannyNelson $VET, looks like you’re time to make some moves!! To the moon🚀🌕

realDannyNelson

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Maersk, IBM shutting down blockchain-enabled supply chain projectMaersk and IBM are shutting down their blockchain-enable supply chain project. $MNW MNWSupplyChain should swoop in to capitalize on this They're going to Corda. Corda beat Morpheus_Neo_ $mnw Right technology but wrong timing?
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