First Domestic Blockchain Solution for Logistics Launched By Abu Dhabi Ports

Related Articles

Fiat Trading Option To Be Launched By Bittrex

June 3, 2018

Cash Transfer Firms Join Ripple’s Ledger-Based Payment Network

May 31, 2018

Founder of Chinese Ride-Hailing App Plans to Launch a Blockchain ‘Uber’

May 28, 2018

Reported on June 2 by Construction Business News, Maqta Gateway LLC, an entirely possessed auxiliary of Abu Dhabi Ports, has turned into the main element in Abu Dhabi to convey its own blockchain solution.

Maqta Gateway has created and launched Silsal — a blockchain-based technology that aims to enhance productivity in the delivery and logistics industry.

As indicated by Construction Business News, Silsal will initially be accessible to cargo forwarders and their clients, with the new system being taken off to “the rest of the trade community as a complementary tool to the existing mPCS (Maqta’s Port Community System).”

Utilizing an inside blockchain, Abu Dhabi Ports would like to decrease paperwork, encourage real-time status updates and quicken data trade.

Construction Business News reported that Silsal was produced internally in the Digital Innovation Lab of Maqta Gateway and has been field tested with vital clients of Abu Dhabi Ports.Dr. Noura Al Dhaheri CEO of Maqta Gateway commented:

“Blockchain is a key step in the digitalisation of trade.”

Maqta Gateway has made their own system for computerized identity that can encode a wide range of transportation documents. Dr. Noura Al Dhaheri says “This will dispense with the requirement for access through passwords which can regularly be a security hazard.”