Shipping

Coinbase Global announced today, May 5, 2026, that it is reducing its workforce by approximately 14%, impacting 693 employees.

Tesla is planning to deploy blockchain’s potential to increase the speed of order processing and shipment of raw materials to boost car manufacturing and minimize time wastage.

The shipping industry in Cyprus is considering using innovative tools such as blockchain to carry out its regular activities effectively, smoothly and efficiently.

FedEx partnered with two other shipping giants, DHL Express and UPS, to become a part of the Blockchain in Transport Alliance (BiTA) and employ the technology to track goods and prevent counterfeits in their supply chains.

The seaborne freight industry accounts for 60 percent of trades conducted by sea, making it one of the most valuable water-based industry. However, the enormous potentials of this industry keeps getting frustrated by security threats, overcapacity, increasing environmental regulations, and low freight rates.

300cubits, a blockchain-powered ecosystem to secure shipment booking is set to launch their ICO on 12thApril, 2018. This month long campaign will offer 18,000,000 TEU tokens—the proprietary medium of transaction on the 300cubits platform. TEU tokens have been rated 4.6 out of 5 from ICObench.

SyncFab is a peer-to-peer industrial marketplace that connects manufacturers with suppliers and customers in a fast, secure, transparent, and cost-effective ecosystem.

Energy trading giants including Eni Trading & Shipping, Total, Gazprom Marketing & Trading Limited, Mercuria, Vattenfall, Petroineos and Freepoint, are planning to use a blockchain-based system within the pilot European energy project for trading resources.

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