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Chinese firms form blockchain pact

“Yuanben blockchain technology will protect the global freight of the Silk Road,” says platform head.

   Tech company Yuanben has entered into a partnership with the Maritime Silk Road Platform to provide blockchain services for global maritime freight.
   The Maritime Silk Road Platform, which is an internet public booking platform that provides global routes, is part of Zhuozhi Logistics Group.
   Under the agreement between Yuanben and the Maritime Silk Road Platform, blockchain technology will be used to provide node deployment, digital content deposit certificates and a search interface for cargo tracking.
   “This cooperation is a successful example of the combination of emerging blockchain technology and traditional information management system technology,” said Cai Kunying, head of the Maritime Silk Road Platform. “Yuanben blockchain technology will protect the global freight of the Silk Road.”
   The Yuanben blockchain is a distributed underlying data network, and its core technology relies on Decentralized Trusted Content Protocol to provide security solutions.
   For the Maritime Silk Road Platform, the partnership will help expand its business on a global scale and escort its international logistics services, Yuanben said, adding that the Maritime Silk Road Platform will help the technology of the Yuanben blockchain to land and promote the effective connection between blockchain technology and traditionally recognized economies.