Previously we had reviewed how blockchain based smart bills of lading work in general and what smart bills of lading can do..
We also reported on news of shipping lines progressing to the next phase Blockchain initiatives..
Smart bills powered by blockchain seem to have arrived with more and more lines carrying out tests and succeeding in the same..
Pacific International Lines (“PIL”), the company founded by one of the Leaders and Visionaries in Shipping – Mr.Chang Yun Chung, became the latest shipping line to successfully use an electronic Bill of Lading (e-BL) built on the IBM Blockchain Platform for the shipment and tracking of Mandarins (a type of Orange) from China to Singapore to coincide with the Lunar New Year celebrations..
In any industry, there are Leaders and Visionaries who innovate, design, create and shape it, benefiting everyone in the chain..
The Maritime, Shipping, Freight, Logistics and Supply Chain industries are no exception..
Through a series of articles, Shipping and Freight Resource is paying tribute to Leaders and Visionaries who shaped the modern day shipping industry..
In this article we feature one of the leaders and visionaries who shaped the modern day shipping industry – Mr.Chang Yun Chung – Founder of Pacific International Lines who, at a 100 years old is the world’s oldest living billionaire..