Cosco Shipping’s digital transformation is based on the deep integration of information technology and shipping logistics, and the cross-border integration of electronic information industry and vertical industry. With “technology + scene” as the core, COSCO Shipping continues to promote digitalization and intelligence around the industrial chain, and applies blockchain and Internet of Things technology to the company’s main business.
Blockchain technology: In 2018, COSCO Shipping took the lead in creating GSBN, the first “global shipping business network” blockchain alliance in the maritime industry, which will be officially put into operation in 2021. GSBN is positioned as a non-profit alliance to support and facilitate trusted transactions, seamless collaboration and digital transformation among global trade participants.
During the epidemic, the platform fully demonstrated its online advantages of all-weather, one-stop and zero-contact, and “pulled together” with partners to help enterprises resume work and production. “Paperless cargo release”, the first online product developed by this platform, will be applied to import cargo release at Shanghai Port in 2019. Customers can complete the operation process between shipping company and port side at one time on the blockchain, realizing the whole process of import cargo release without contact and shortening the time from 2-3 days to hours. At present, it has been implemented in 8 ports in China, covering coastal areas and inland rivers, and has also been piloted abroad. The proportion of paperless cargo release in some ports has exceeded 90%, and the total number of customers is nearly 3,000.
Another product of GSBN is the industry’s first blockchain bill of lading with financial properties. The alliance works with banks and other partners to realize the trade settlement process based on blockchain electronic bill of lading, so that the blockchain bill of lading can be checked and transferred on the platform after being issued. At present, it has been successfully piloted in four typical customers and is advancing the work of legal recognition. The application and promotion of blockchain technology simplifies the process, improves efficiency, makes it safe, convenient, green and environmentally friendly. GSBN is an industry alliance, which welcomes the extensive participation of industry partners.
The popularization and application of the Internet of things technology: cosco shipping is is the cold box container IOT technology, intelligent cold box is one of the Internet of things technology application scenarios, through the sensor to obtain the data in the cold box, and the cold box of real-time data back to the shipping company through the network of “platform”, further realize mobile applications, convenient management personnel management, More importantly, customers can master the cold box status in real time by querying. This is another scene of coSCO Shipping’s “customer-centric” service philosophy. At the same time, hailian Zhitong, a professional Internet of things company, has been incubated as a standard maker for container Internet of Things designated by IMO.
Cosco Shipping will also apply various new technologies to promote the transformation and upgrading of its business model. The newly launched visual shipping e-commerce platform Syncon Hub, IRIS4 Global Container Management System for integrated shipping, and Pan-Asia Integrated Shipping E-commerce platform for Domestic trade have been put into use, providing a basic platform for the digitalization of shipping business and gradually building a service ecosystem of integrated shipping logistics supply chain.
Post time: Nov-25-2021