EU Project to Fight Fakes Succeeds By Being Open, Founder Says

The initiative has over 1000 organizations taking part and has already been used to transact over 5,500 electronic bills of lading, the legal documents used as receipts in international shipping, IBM said. The spokesperson cited the involvement of ports, authorities in six continents, and customs authorities in 16 countries, adding that TradeLens is “a neutral solution”, and that its platform can accept data from ocean carriers whether or not they are members.