Portbase, the organization that manages numerous Dutch ports’ digital infrastructure, announced that it has begun using the blockchain-enabled TradeLens platform. By doing so, it aims to increase data-sharing, efficiency, and transparency in shipping.
Founded in 2009, Portbase is a non-profit subsidiary of the Rotterdam and Amsterdam’s ports, which own 75% and 25% of it.
Currently, the shipping industry’s processes are costly and time-consuming because of outdated paper-based processes that also allow data to be forged or lost.
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