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RE: Blockshipping - Transforming The Global Container Shipping Industry

in #blockchain7 years ago

the plan of VEN is difficult to explain since their vision is very broad but as far as i know both VEN and Walton want to track products with the help of RFID Chips. So the big difference is they are going for products and here it's for tracking containers. I just thought it could be possible to have the RFID system of VEN and Walton also for containers. another approach also for products are NFC Chips. Seal Network is applying this for example. But I guess in future we will see more technologies and opportunities n this area and I agree that this project might start with ship containers and then migrate to air.

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Hey, great input on that. Didn't know about the vision of VEN and Walton before, since I'm not invested, but only heard about their projects. Actually that sounds quite logic. As Blockshipping is more focused on containers rather than usual producs, I'm thinking that they will be the first-mover in this field, especially with their already acquired knowledge in the global container shipping industry. Therefore I don't see Walton or VEN beeing a competitor of Blockshipping. Rather I could imagine a partnership to expand their technologies into other business fields in the future.