Express

Tesla Completes Blockchain Pilot to Speed China Imports Process

Ramsey Baker

Summary: Tesla, the U.S. electric car manufacturer clean energy company, is working with the Shanghai Port Group (SIPG) to test a blockchain that would make the process of importing goods into China any easier. According to an announcement on Tuesday, blockchain-based logistics provider CargoSmart revealed Tesla, the SIPG and Chinese cargo ship operator COSCO tested a blockchain ...

Tesla, the U.S. electric car manufacturer clean energy company, is working with the Shanghai Port Group (SIPG) to test a blockchain that would make the process of importing goods into China any easier.

According to an announcement on Tuesday, blockchain-based logistics provider CargoSmart revealed Tesla, the SIPG and Chinese cargo ship operator COSCO tested a blockchain app that shortened cargo release time and made it easier for Tesla's logistics teams to take ownership of goods once they are offloaded.

By Ramsey Baker

Last Update:

Tags: ,,,,
Link: Tesla Completes Blockchain Pilot to Speed China Imports Process   [Copy]
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 11 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 12 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 19 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025
  • You need to login to comment.