Alibaba strikes partnership with COSCO to strengthen shipping with blockchain technology
Posted On July 8, 2020
Blockchain could solve various logistics issues, and further improve transparency while reducing costs. The team-up between the e-commerce giant Alibaba and the third -largest shipping company COSCO will definitely strengthen the engagement of such technology applied in the associated industry. It’s yet unclear how they should integrate the computing into logistics operations, however the processed transaction and shipping capacity is expected to greately increase.