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Europe’s Largest Port Partners with Samsung IT Subsidiary to Test Blockchain for Shipping

Published 10/22/2018, 07:34 AM
Updated 10/23/2018, 05:00 AM
© Reuters.  Europe’s Largest Port Partners with Samsung IT Subsidiary to Test Blockchain for Shipping
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The largest port in Europe, the Port of Rotterdam, has partnered with major Dutch bank ABN AMRO (AS:ABNd) and the IT subsidiary of Samsung (KS:005930) to test blockchain for shipping, a press-release from Samsung reports Monday, Oct. 22.

According to Samsung SDS – the IT and tech division created by Korean tech giant Samsung – the trial will focus on shipping containers from an unnamed factory in Asia to the port of Rotterdam.

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