PwC Partners with Australian Entities to Leverage Blockchain for Supply Chain

[kreslik.news]

The Australian arm of PwC, an accounting powerhouse with over 200k employees and ‎a $36 ‎billion annual revenue, has teamed up with the Australian Chamber of Commerce and Industry (ACCI) and the Port of Brisbane to develop a new system that uses blockchain technology to enable greater supply chain efficiency.

The new venture called ‘Trade Community System’ which aims to digitalize supply chains and track international cargo in real time. The new platform could save the global shipping industry billions of dollars a year by replacing the outdated systems for tracking cargo and getting approval from customs and port ... (read more)