IBM specializes in developing fundamental but advanced technologies, and applying them to various industries. The Shipping Digital Asset Management sector is no exception, with the vast majority of the company's patents relating to using blockchain technology to track assets. IBM has collaborated with Maersk—the world's largest container ship and supply vessel operator—to develop TradeLens, a blockchain-based platform for shipping. It connects various shipping industry players, such as shipping lines, freight forwarders, and port/terminal operators to interact more efficiently with real-time data without compromising details, privacy, or confidentiality.
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