Global Shipping Business Network (GSBN), an independent, not-for-profit technology consortium building a blockchain-enabled operating system to enhance global trade, has rolled out Cargo Release in Latin America, starting with ports across Mexico and Panama.
Cargo Release is a blockchain-enabled application offering a paperless, highly efficient, and transparent solution connecting everyone involved at the port of import including shipping lines, consignees, their agents, and terminals. This product cuts the time for cargo to be document-ready for release from days to hours.
The latest announcement marks the first anniversary of Cargo Release which was first rolled out across China in 2021 and has since followed successful deployments across Southeast Asia, Europe and most recently Latin America, serving over 10,000 customers to date.
Bertrand Chen, CEO at GSBN, said: “As global trade continues to face an evolving and increasingly dynamic environment, digitisation is playing a...
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