Blockchain technology is transforming global shipping and logistics by offering secure, transparent, and tamper-proof digital transactions. The use of smart contracts allows for automated payments, instant verification of trade documents, and improved cargo tracking. This not only enhances efficiency but also reduces paperwork and the risk of fraud in cross-border maritime trade. Leading ports, logistics providers, and shipping companies are piloting blockchain-powered platforms to streamline supply chains and improve trust among stakeholders. However, widespread adoption requires industry-wide collaboration, standardised protocols, and robust cybersecurity measures. As digitalisation in shipping accelerates, blockchain is set to play a crucial role in the future of maritime commerce.
