CargoSmart Shares Blockchain Insights at Oracle OpenWorld 2019
April 2, 2019
CargoSmart participated in Oracle OpenWorld Asia 2019, a conference that delivers insights into industry trends and breakthroughs driven by technology. More than 5,000 business professionals attended the conference to learn about the latest innovations and market trends from 275 influential speakers and 200 educational sessions in Singapore on March 26-27, 2019.
Lionel Louie, chief commercial officer of CargoSmart, joined APL Logistics, Singapore Pools, and Standard Chartered Bank on the panel session, “Blockchain Empowers Digital Business Ecosystem.” The panel explored how companies are leveraging blockchain technology to facilitate business collaboration and expand opportunities.
On the blockchain panel, Lionel stated that CargoSmart’s initiative to establish a shipping digital baseline allows all stakeholders to share documents and data across all stages of the shipping lifecycle with established trust and transparency. He added that blockchain technology not only improves complex operation processes, but also enables cross-network and industry collaboration, which generates business opportunities with synergy.
To conclude, the panel was full of energy and in-depth discussion on technology. Leaders from different industries generated compelling and insightful conversations.