Chinese Blockchain Company Targets Maritime Silk Road | 2018-08-21 | SupplyChainBrain

Chinese Blockchain Company Targets Maritime Silk Road

Maritime Executive

August 21, 2018

The Maritime Silk Road is an Internet-based public booking platform that operates globally. It has established global logistics networks in Hong Kong, Guangzhou, Shenzhen, Shanghai, Ningbo, Nanjing, Xiamen, Qingdao and Tianjin.
The Yuanben blockchain is a distributed underlying data network that relies on Decentralized Trusted Content Protocol (DTCP) to provide fast, efficient and comprehensive closed-loop solutions for trustworthy, traceable security. By building nodes around the world, the Yuanben project has become a scalable chain of trusted alliances, says the company. The use of smart contracts and encrypted algorithms enables sustainable interaction of data within the chain, including the security of data transmission. The Yuanben chain and the "Yuanben DNA" interlock mechanism ensure that the data on the chain is 100 percent irreversible.
By participating in China's "Internet +" strategy and the "One Belt, One Road Initiative," Yuanben hopes to help more Chinese enterprises to go global.
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