Copy link
Increase text size
Decrease text size
Link copied

Maersk, Heidmar and others to trial blockchain-based seafarer certification system

Thu, 13 Dec 2018, 07:24 am UTC

Maritime Blockchain Labs (MBL), an initiative founded by Lloyd’s Register Foundation and Blockchain Labs for Open Collaboration (BLOC), has announced a new consortium that will pilot a blockchain-based seafarer certification system, Hellenic Shipping News reported.

The participating firms include MMBL, Maersk, Heidmar, PTC Holdings Corp., Mission to Seafarers, C-LOG, Navozyme, Hanseaticsoft and others.

“Blockchain is essentially a collaborative technology, and so we need to build with industry rather than adopting a top-down approach, and therefore an essential ingredient to this project is to start by building a consortium that represents everyone in the value chain, from vessel owners to the seafarers themselves,” Deanna MacDonald, CEO of BLOC, said.

The pilot project will focus on leveraging blockchain technology to expedite and streamline existing processes which are hampered by a number of issues such as “a lack of verification for safety documentation, paper-based certificate management, and a lack of access to validated safety and training certifications of seafarers.”

The project partners will work towards developing a solution that would enable:

  • Individual seafarers to manage their certificate repository from original issuance
  • Maritime administrations to manage the renewal and endorsement across jurisdictions
  • Crew management organizations to manage seafarers for crewing of vessels, and
  • Vessel owners to receive an overview of their crew, certificates and endorsements

“Blockchain has the potential to significantly improve the transparency, authenticity and ease of working with crew certification; both for the ship owner/operator and most importantly for the crew themselves. Building and maintaining an intuitive and user-friendly platform for the management of crew certification will bring hugely significant benefits to all stakeholders. We are looking forward to developing and building the solutions with the consortium,” Graeme Thomson, Head of Northern Europe Manning Office from Maersk, said.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (btc) $46,471.00 (-5.81%)
  • Ethereum (eth) $1,478.46 (-8.02%)
  • Cardano (ada) $1.14 (+10.04%)
  • Binance Coin (bnb) $231.29 (-4.77%)
  • Tether (usdt) $1.00 (+0.09%)
  • Bitcoin (btc) $46,471.00 (-5.81%)
Feb 26, 2021 (Friday)
10:00
BTC Tops List Of Crypto Net Outflow With $1.33 Bln In Past 18 Hours
09:18
CoinNess DeFi Report: Assets Locked In DeFi Mark $50.23 Billion
09:07
BTC Surges by 1.41% Within 5 Mins, Marking 45,964.43 USDT
09:06
Matrixport Announces Integration With Aave Protocol
09:03
The U.S. 10-year treasury bond yield fell 6 basis points to 1.45%.
09:00
Huobi Futures has adjusted the rules of funding rate and premium deviation for DOGE/USDT swaps and ZKS/USDT swaps, and the price limit mechanism for ZKS/USDT swaps.
08:58
NFT Collector Whale Shark Donates 1M WHALE To Charitable Trust
08:25
HM Treasury’s UK Fintech Review Calls For New Crypto-Assets Regime
08:14
DeFi Alliance Launches $15 Million Startup Investment Fund
08:11
Cream Finance tweeted, "Proposal passed! $UST will be added to C.R.E.A.M. on #Ethereum."
07:35
BTC Drops by 2.37% Within 5 Mins, Marking 44,575.3 USDT
07:16
BTC Drops by 1.07% Within 5 Mins, Marking 45,811.64 USDT
06:58
EIP-1559 Performance Test: 6426 Blocks Process In 22 Hours
06:42
OKEx To Suspend Deposit And Withdrawal Of ADA
06:40
Flare To Integrate $XLM As An F-Asset
06:14
SparkPool tweeted to appose EIP-1559.
06:13
24H Trading Volume Of Uniswap Tokens Marks $1.04 Bln
06:11
Effective Hashrate Of Filecoin's Entire Network Marks 2.75 EiB
06:09
On the listing document of Form S-1 submitted by Coinbase to the US SEC, it added a tribute to Satoshi Nakamoto on the cover of the document.
05:51
BTC Drops by 1.63% Within 5 Mins, Marking 45,641.26 USDT
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft