In brief: Singapore to launch maritime blockchain pilot

• Singapore will launch a blockchain pilot to cut waiting times for container ships and the risk of fraud.
• Dubbed TradeTrust, the project will turn paper-based bills of lading into digital documents that can be shared and accessed when container ships dock and unload in Singapore.
• The project comes after a previous initiative between national carrier Pacific International Lines and tech giant IBM to use blockchain in the maritime supply chain.

Source: Port Technology