Blockchain in shipping

Blockchain in shipping is a secure digital ledger that records all transactions and data related to cargo movement. It creates a transparent, unchangeable record shared among all parties involved—such as shippers, carriers, and customs—improving trust and efficiency. This technology streamlines processes like documentation, tracking, and payments by enabling real-time updates and reducing paperwork and fraud. Essentially, blockchain makes global shipping more transparent, efficient, and secure by providing a trusted, tamper-proof system for managing logistics information.