18/9/2019

Montecon, first non APM operator in the South American east coast to integrate Blockchain

As an example of the continuous technological innovation that Montecon carries out with the purpose of adding value to the services it provides and achieving improvements in efficiency and security, Montecon joined the TradeLens platform, a system based on the Blockchain technology.

It is an international integrated network designed by IBM and Maersk that creates a shared database among different actors, among which are the first level shipping companies in the world.

This advance allows supporting all the actors of the logistic chain to exchange information, which means a competitive advantage for Montecon, since no Uruguayan institution is in a Blockchain network and it is the first non APM port operator of the East Coast of South America to join it.

The TradeLens platform offers a secure way to access up-to-date trade data from industry partners in real time, and provides the option to track shipment related events. The main objective is to improve workflows around traditionally paper-based processes.

Montecon's decision to join this platform, as a pioneer in the country, is to collaborate with the efficient exchange of information through new technologies to avoid fragmentation of the supply chain.


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