Maersk now adopts bitcoin technology to track cargo

Workers take a break outside a Maersk triple-E class container ship under construction at the Daewoo DSME shipyard in Okpo, South Korea. Companies
are using blockchain technology to track their fleets of trucks. PHOTO | AFP

Danish shipping giant Maersk is set to implement a new supply chain management technology that was partly developed by the IBM Research lab in East Africa.

Maersk and IBM last week said they would begin using blockchain technology to manage and truck paper trail of shipping containers as they crisscross the oceans.

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