COSCO SHIPPING and Bank of China jointly released the "Shipping Bill of Lading + Trade Documents Blockchain Platform"

Recently, the shipping bill of lading + trade document blockchain platform jointly built by COSCO SHIPPING Lines and Bank of China and other partners held a press conference in Shanghai. Saudi Basic Industries Corporation (SABIC) and Shanghai Huizhong Automobile Manufacturing Co., Ltd. also attended the press conference as the first customers to try the platform. Make full use of the non-tamperable, traceable and trustworthy advantages of blockchain technology to provide customers with paperless services. The first batch of trial customers’ bills of lading were issued and circulated through the blockchain, and the trade documents were also fully chained. The entire service process was efficient, convenient, reliable and contactless. Cargo flow, information flow, and capital flow are closely integrated to provide a trusted digital foundation for international trade and are highly recognized by pilot customers. AntChain provides intelligent technology support for the platform.