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

  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 1 day ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 2 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 13 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 14 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 16 days ago

    • You need to login to comment.