First Of Its Kind Blockchain-based Registry For Container Shipping

Blockshipping Blockchain Container Shipping

Blockshipping, a Scandinavian company based in Copenhagen, Denmark, developing the Global Shared Container Platform (GSCP) – the world’s first freight container registry and global platform for container handling.

The global container shipping industry despite making up to 60% of the world’s sea trade is awash with problems — overcapacity, low rates, security threats, and ever-increasing environmental regulations. An industry this big is being pulled down by inefficiency and other problems inherent to the trade.

To combat this dilemma, Blockshipping is coming up with Global Shared Container Platform (GSCP), a blockchain-based platform which is the world’s first freight container registry and the first global platform allowing all players in the shipping industry to perform a wide range of transactions related to the handling of containers.

The GSCP platform will enable a savings potential for the global container industry of at least $5.7B per year. It is also aimed to reduce the global CO2 emission by at least 4.6 million tons yearly.

The GSCP ICO, starting on May 14 at 2 pm CET, is the first Nordic shipping-related ICO based on a new Danish framework called “The ICO 2.0 Framework” to ensure the highest standards of security, promote open, transparent and honest communication and to make sure that future Danish ICOs are compliant with Danish law.

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