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]
Next:

Related Articles

  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 2 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 3 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 6 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 7 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 9 days ago

    • You need to login to comment.