The new system with blockchain technology called TBSx3 and of Australian origin has been successfully tested in the logistics chain that runs between the wine region of Coonawarra, in Southern Australia, and the port of Qingdao, in Northwestern China.
Among the partners that participated in the pilot test were the terminal operator DP World Australia, the logistic operator DB Schenker, the Hamburg Sud shipping company and the Australian wine producer IUS, which exports to the Chinese market.
The reduction of time and costs, the improvement of the visibility and transparency along the logistics chain, the security and protection of the merchandise and a greater confidence as regards the genuineness of the merchandise, from the point of view of the client, among others, are issues that will benefit from the use of this type of technology.
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