Maritime Blockchain Labs enters new development stage
Maritime Blockchain Labs (MBL) has just announced that its first demonstrator project, a fuel provenance register for the maritime sector that aims to provide trusted information about fuel origin, journey and characteristics, is set to enter a phase of further development as a key step towards commercialisation.
The next phase will involve the further development and scaling of the solution, capturing fuel deliveries and associated verified data into the system. It is expected to begin January 2019.
MBL is a partnership between Lloyd’s Register Foundation and Blockchain Labs for Open Collaboration (BLOC) to explore the use of blockchain for the assurance and safety of critical infrastructure and drive new business models for the global maritime industry. (ah)