Chain of Shipping Conference Held in Hong Kong
Last week in Wanchai, Hong Kong, blockchain advisory firm Chain of Things held its first Chain of Shipping conference. Designed to give professionals from the shipping industry and blockchain developers a view into the needs and possibilities that they respectively held, the day was a busy event with plethora of information provided from both sides – blockchain developers and members of the shipping industry.
To open the proceedings, Jehan Chu, blockchain advocate and Partner of Jen Advisors, gave an insight into what exactly blockchain was, how it is used, and how it could be applied to the shipping industry. Covering the details that made blockchain different to other technologies, such as its decentralised nature, immutability and interoperability, Chu gave his view on why this technology is so vital for many applications.