CandleFocus Firms flaunt blockchain’s utility in transportation, maritime
2025-02-07
Author: Content Editor
Global companies in the transportation and maritime sectors are increasingly turning to blockchain technology and other emerging technologies to improve their operations. Railway operators in Japan, France, and Indonesia are focusing on facial recognition and blockchain for ticketing technology. France's national rail operator, SNCF, is conducting tests with blockchain-based digital IDs for ticketing. Japan's Keisei Electric Railway Company has introduced a photo recognition system to streamline ticketing, and Indonesia's state-owned railway service has implemented facial verification. Pundits argue for decentralization and the use of blockchain to protect passengers' personal data. In the maritime sector, COSCO Shipping Lines and the Global Shipping Business Network are using blockchain for hazardous cargo documentation. The pilot program aims to simplify the documentation process and prevent the use of fake documents. The global shipping industry is also migrating to blockchain for electronic bills of lading.
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