The purpose of undertaking the case study was primarily to establish standard blockchain benefits geared towards the shipping industry. The advantage of integrating a blockchain-based solution is that such a unique platform assists in automating the process of document issuance from the system and also makes it tamper-proof. In the event of any independent safety inspection, accidents, insurance claims etc., these documents are credible and easy to verify. Therefore, by implementing a blockchain-based solution, any company in the shipping sector (even those not having systems in place) can ensure secured issuance of certificates & checklists, such that they have independently verifiable safety certification with tamper-proof audit logs.
Our client belongs to the shipping sector/industry with a network spanning over 11 port cities along the Indian coast and across Dubai, Malaysia, Shanghai, Singapore, and Colombo. The company is involved in the timely delivery of quality marine safety and survival systems through a comprehensive infrastructure of manufacturing, supplying & repairing facilities.
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