Mediterranean Shipping Company (MSC) to Use Blockchain for Battery Safety Certifications
Mediterranean Shipping Company (MSC) to Utilize Blockchain Technology for Battery Safety Certifications
In a groundbreaking move, the Mediterranean Shipping Company (MSC) has announced its plans to leverage blockchain technology for battery safety certifications. This ambitious initiative, as reported by the Smart Maritime Network, will see MSC partnering with the Global Shipping Business Network (GSBN) to enhance safety measures for lithium battery shipments.
Rather than developing its own blockchain infrastructure, MSC will utilize GSBN’s existing ledger, which boasts a wealth of experience in the shipping industry. Through this collaboration, MSC aims to digitize its booking processes and replace traditional paper-based safety certificates with secure, transparent distributed ledgers.
Lithium batteries, known for their extended lifespan compared to alkaline batteries, present unique challenges during transit due to safety concerns. By implementing blockchain-based certificates, MSC seeks to streamline its operations and ensure the safe transportation of cargo requiring special handling.
Dirk Van de Velde, a safety executive at MSC, expressed enthusiasm for the partnership with GSBN, highlighting the benefits of a more efficient and secure booking process. The interoperability of blockchain-based certificates will enable relevant parties to access real-time safety information without the limitations of paper-based standards.
This innovative use of blockchain technology by MSC underscores the growing potential of the technology beyond traditional finance applications. From tracking bedbug infestations to improving aid delivery in third-world countries, blockchain is increasingly being adopted across various industries for its transparency and efficiency.
As the world embraces the possibilities of blockchain technology, MSC’s collaboration with GSBN sets a new standard for safety certifications in the shipping industry. With the potential for widespread adoption in supply chain management, voting systems, and other sectors, blockchain continues to revolutionize how businesses operate in the digital age.
