Download presentation
Presentation is loading. Please wait.
1
TRADELENS OVERVIEW 3-Apr-19
2
TradeLens Overview Version Control 3-Apr-19 VERSION CONTROL Version 6 – Published November 28, Key changes below: Changed architecture slides to remove references to external doc stores, as well as minor clean-ups Changed Together We Can Move the Industry forward first bullet to: “Blockchain changes the game: Never before could disparate entities securely and confidently collaborate digitally” Added TradeLens Network Overview (slide 19); numbers are placeholders and need to be finalized; next slide (Network Status) also needs updating Added a footer to the TradeLens Ecosystem page: Others in transport and logistics ecosystem who are not Network Members also provide data to the platform, as requested by TradeLens Clients Changed ClearWay to TradeLens Clear Way throughout Referenced in Participating in TradeLens Included separate slide on GA document sharing and updated an LA-only slide; deleted UI slide later since it was incorporated in LA slide. Fixed section names across the top on multiple slides Network slide additions and updated status Ports: Busan, South Korea, Napier, NZ, Tauranga, NZ, Visakhapatnam, India, Bahrain (now live). Inland Transportation: IMCC (now live), Ancotrans (now live) Changes to network documentation for Port of Halifax and Port of Montreal Version 1 - Published August 9, 2018 Version 2 – Published August 21, Key changes below: IBM and Maersk Have Launched TradeLens, added press coverage (slide 4) The Collaboration Model, added new slide (slide 16) Standards and Interoperability, retraction on IBM BiTA membership status (slide 20) Version 3 – Published September 4, Key changes below: Removed references to Paperless Trade (multiple slides) Changes port of Cartagena to Spain (slide 15) Updated several key challenge and benefit statements (slides 28-35) Version 4 – Published October 5, Key changes below: Added Limited Availability and General Availability update (slide 17) Network status update (slide 19) Quick glance at Limited Availability UI features (slide 25) Updated benefits by entity (slides 30-39) Removed Early Adopter Program content and overview Added Participating in TradeLens (slide 27) Version 5 – Published October XX, Key changes below: Update launch info (slide 4) Updated maco economic benefits (slide 5) Updated network status (slide 19) Document sharing with blockchain (slide 24) 2
3
VERSION CONTROL Version 7 – Published Jan 6 2019. Key changes below:
TradeLens Overview Version Control 3-Apr-19 VERSION CONTROL Version 7 – Published Jan Key changes below: Edited journey copy (slide 6) Redesigned slide 7 to flow more smoothly with slide 8 – tweaked supporting copy on each Removed Roadmap slide and added separately in Box (added confidentiality notification) Removed external doc store option (slides 19 & 21) Network overview slide updated (slide 23) Updated “Participating in TradeLens” slide to reference GA instead of LA (slide 33) Replaced TradeLens at Limited Availability with TradeLens General Availability; also updated Document Sharing Updated solution architecture to include integration framework (slide 25) Updated ecosystem slide – new design (slide 22) Updated GA slide, added screenshot of UI (slide 18) Added links to “more information” (slide 45) Table of contents slide added (slide 4) Refreshed information flow (slide 20) and milestone/documentation layout (slide 11) Version 8 – published Network member slide updated: -Added Port of Barcelona -Changed AMPT - Pipavav to Live -Changed APMT - Rotterdam to In Progress 3
4
TradeLens Overview Table of Contents 3-Apr-19 Table of Contents Introduction About the TradeLens Solution Platform Technology Joining TradeLens Benefits More Information
5
TradeLens Overview Introduction 3-Apr-19 INTRODUCTION
6
TradeLens Overview Introduction 3-Apr-19 TradeLens Our journey An open and neutral blockchain-based platform that is digitizing the global supply chain and transforming trade September 2016 Maersk and IBM agree to invest in a blockchain prototype to assess feasibility and value The platform empowers faster and more efficient, transparent and secure global trade TradeLens is built for the industry and offers benefits to trade participants from across the supply chain ecosystem IBM and Maersk are developing the platform under a joint collaboration, with significant input from and participation by the industry An Advisory Board is being formed to help shape the platform and drive standards TradeLens is live in production today, processing millions of transactions per day March 2017 Initial pilot assessing impact on shipments of avocados from Mombasa to Rotterdam confirmed viability and value of blockchain platform; Maersk and IBM agree to pursue January 2018 Beta release of the platform and launch of Early Adopter program; trials underway August 2018 Formal launch of the TradeLens platform 92 participants signed on September 2018 TradeLens Limited Availability Release December 2018 TradeLens General Availability Release 2 million events per day published to the platform
7
are shipped across international borders each year
TradeLens Overview Introduction 3-Apr-19 More than $16 trillion in goods are shipped across international borders each year 80% of the goods consumers use daily are carried by the ocean shipping industry By reducing barriers within the international supply chain, global trade could increase by nearly 15% boosting economies and creating jobs1 1) The World Economic Forum: Enabling Trade Valuing Growth Opportunities 2013
8
TradeLens Overview Introduction 3-Apr-19 Global trade is highly inefficient and burdened by paper-based processes Inland Transportation Customs Brokers Shippers / Beneficial Cargo Owner Data trapped in organizational silos Information is held in paper and various digital formats across dozens of service providers along the supply chain, requiring complex, cumbersome, and costly peer-to-peer messaging. The result is inconsistent information across organizational boundaries, latency in obtaining shipment visibility, and blind spots that hinder the efficient flow of goods. Manual, time-consuming, paper-based processes The collection and processing of up-to-date data, as well as inefficient trade document exchange, requires manual checks and frequent follow-ups and results in errors, delays and high compliance costs. Late filings are common due to missing information. Clearance takes too long and is often subject to fraud Risk assessments by customs authorities lack sufficient and trusted information resulting in high inspection rates, added prevention measures against fraud and forgery, and delayed customs clearance. High costs and poor customer service These challenges have significant downstream repercussions. The inability to forecast and plan effectively, address supply chain disruptions in real-time, and share trusted information across the supply chain leads to excessive safety stock inventory, high administrative costs, operational challenges, and ultimately poor customer service. Supply Chain Visibility Systems Customs Systems Trade Associations Ports and Terminals Supply Chain / Transportation Management Systems Ocean Carriers Authorities Freight Forwarders / 3PLs Port Community Systems; Terminal Operating Systems Financial / Insurance Services
9
The TradeLens Platform
TradeLens Overview Introduction 3-Apr-19 The TradeLens Platform Inland Transportation Digitizing the global supply chain Customs Brokers Shippers / Beneficial Cargo Owner Connects the ecosystem Brings together all parties in the supply chain - including traders, freight forwarders, inland transportation, ports and terminals, ocean carriers, customs and other government authorities, and others - onto a Blockchain- based platform with a secure permission and identity framework Drives true information sharing Provides for the seamless, secure sharing of real-time, actionable supply chain information across all parties to a trade - encompassing shipping milestones, cargo details, trade documents, the structured data embedded in trade documents, customs filings, sensor readings, and more Fosters collaboration and trust Enables the digitization and automation of the cross-organization business processes integral to global trade, including import and export clearance, with Blockchain ensuring secure, auditable, and non-repudiable transactions Spurs innovation Lays the foundation for ongoing improvement and innovation through an open, non-proprietary API, the use of standards and promotion of interoperability, and the launch of an Applications Marketplace that parties can use to build and deploy TradeLens-powered applications for themselves, their partners, and their customers Supply Chain Visibility Systems Customs Systems Trade Associations Ports and Terminals THE PLATFORM IS BUILT ON AN OPEN TECHNOLOGY STACK AND IS UNDERPINNED BY BLOCKCHAIN TECHNOLOGY Supply Chain / Transportation Management Systems Ocean Carriers Authorities Freight Forwarders / 3PLs Port Community Systems; Terminal Operating Systems Financial / Insurance Services
10
TradeLens SOLUTIONS LANDSCAPE
TradeLens Overview Introduction 3-Apr-19 TradeLens SOLUTIONS LANDSCAPE APPLICATIONS AND SERVICES An open marketplace that allows both TradeLens and third-parties to publish fit-for-purpose services atop the TradeLens platform PLATFORM Accessible via an open API, the TradeLens Platform brings together the supply chain ecosystem and enables the industry to share information and collaborate; Blockchain and cloud technologies power the platform NETWORK Comprised of the TradeLens network members, such as carriers, ports, and customs authorities, that connect to and provide data to the platform TRADELENS
11
SHIPPING MILESTONES AND SHIPMENT DATA
TradeLens Overview Introduction 3-Apr-19 BCO / NVO FFW / CHB / 3PL Inland Transportation Customs / Government Authorities Ports / Terminals Ocean Carriers Ports / Terminals Customs / Government Authorities FFW / CHB / 3PL Inland Transportation BCO / NVO SHIPPING MILESTONES AND SHIPMENT DATA Start transport equipment tracking Transport equipment tracking ended Gate-out of empty container from depot Estimated gate-in of empty container at stuffing site Gate-in of empty container at stuffing site Container stuffing completed at inland location VGM submitted Full container loaded on vessel Container sealed Gate out of full container from stuffing site Planned gate in of full container at export terminal Gate in full at terminal export Planned vessel departure from export terminal Actual gate in of empty container at depot Export documentation cleared Actual vessel departure at export terminal Temperature update Planned vessel arrival at import terminal Estimated vessel arrival at import terminal Import documentation cleared Actual vessel arrival at import terminal Full container discharged from vessel at import terminal Container selected for inspection Planned gate out of full container at import terminal Customs release Gate out of full container from import terminal Estimated gate in of full container at inland location Gate in of full container at inland location Seal removed Stripping completed of container inland location Empty container ready for pick-up Actual gate out of empty container from inland location Not exhaustive list of milestones managed by platform STRUCTURED AND UNSTRUCTURED DOCUMENTS Packing List Export Documentation Pre-Paid Invoice Shipping Instructions Geography Specific Certificate Cargo Specific Certificate Commercial Invoice Bill of Lading Advance Declaration Certificate of Origin ISF Customs Clearance Import Documentation Dangerous Goods Declaration Not exhaustive list of documents managed by platform TRADELENS BLOCKCHAIN BUSINESS NETWORK TRADELENS PLATFORM
12
TradeLens and Blockchain
TradeLens Overview Introduction 3-Apr-19 TradeLens and Blockchain Blockchain addresses the underlying challenges inherent in collaborating across a distributed, fragmented supply chain ecosystem Shared ledger Smart contract privacy TRUST Append-only distributed system of record shared across business network A network of industry participants maintains a distributed, permissioned ledger with copies of document filings, relevant supply chain events, authority approval status, and full audit history; every change results in a new, immutable block Shared business logic governing what transactions may be written to the ledger Cross-organizational business processes, such as import and export clearance, are pre- programmed and built into Blockchain and distributed to and executed on the network, preventing any member from changing the business logic Ensuring appropriate visibility; transactions are secure, authenticated and verifiable Cryptography enables permissioned access so only the parties participating in a specific shipment can submit, edit or approve related data Transactions are endorsed by relevant participants Information such as documentation filings and authority approvals can only be changed if endorsed by the parties taking part in the shipment; full audit history maintained on the Blockchain
13
The tradelens ecosystem
TradeLens Overview Introduction 3-Apr-19 The tradelens ecosystem TRADELENS PLATFORM Provide and gain access to end-to- end supply chain information Ocean carriers Ports and terminals Government authorities Inland transportation Freight forwarders / 3PLs 3rd party data providers Primary consumers and beneficiaries of the platform Shippers (BCOs, retailers, manufacturers, etc.) Freight forwarders, customs brokers, 3PLs Financial institutions Network Members* Clients Offer value added services to the ecosystem through a platform marketplace TradeLens offerings Offerings from Network Members and Clients Offerings from third parties Applications Marketplace * Others in transport and logistics ecosystem who are not Network Members also provide data to the platform, as requested by TradeLens Clients
14
PORTS / TERMINAL OPERATORS
TradeLens Overview Introduction 3-Apr-19 PORTS / TERMINAL OPERATORS Provide information about the disposition of shipments within the boundaries of the port / terminal Benefit from pre-built connections to shipping lines and other actors, end-to-end visibility across shipping corridors, and real-time access to more information to enrich port collaboration and improve terminal planning OCEAN CARRIERS Provide information about the disposition of shipments across the ocean leg Benefit from reduced customer service and network integration cost, less revenue leakage, and less mis-declared cargo due to a digital audit trail of end-to-end shipment events and source documents GOVERNMENT AUTHORITIES Provide information about the export and import clearance status for shipments into and out of the country Benefit from more informed risk assessments, better information sharing, less manual paperwork, and easier connections to national single window platforms INLAND TRANSPORTATION Provide information on the disposition of shipments carried on trucks, rail, barges, etc. Benefit from improved planning and utilization of assets (e.g., less queuing) given real-time access to end-to-end supply chain events for shipments SHIPPERS / BENEFICIAL CARGO OWNER Engage with the platform as a consumer of shipping information and means to streamline clearance Benefit from a streamlined and improved supply chain allowing for greater predictability, early notification of issues, full transparency to validate fees and surcharges, and less safety stock inventory FREIGHT FORWARDERS / 3PL Provide the transportation plan, inland transportation events, information on intermodal handoffs, and document filings Benefit from pre-built connections to the ecosystem, improved tools for customs clearance brokerage function, and real-time access to the end–to-end supply chain data to improve effectiveness of track-and-trace tools FINANCIAL SERVICES Engage with the platform as a consumer of supply chain information Benefit from access to a definitive, real-time, and immutable source of information for trade finance and trade insurance
15
the collaboration model
TradeLens Overview Introduction 3-Apr-19 the collaboration model IBM and Maersk have jointly developed the TradeLens platform and will continue to invest in it A collaboration team has been established to lead the initiative and drive industry adoption Maersk has established an operational subsidiary to manage staff assigned to the collaboration; this subsidiary also ensures TradeLens independence from other Maersk business units IBM has assigned dedicated staff from across its Blockchain, Cloud, consulting, and sales units IBM and Maersk jointly own the IP created from the collaboration IBM hosts, operates and supports the platform An Industry Advisory Board will be formed by ecosystem participants to help shape the platform and establish open standards Network Members, including ocean carriers, ports, inland transportation, and country authorities, are invited to participate on terms that give them access to the core platform, in exchange for the data they originate; they may enter into participation agreements with either IBM or Maersk IBM and Maersk independently market, sell and contract TradeLens through their own sales channels Third parties build and deploy applications on and sell services through the TradeLens Application Marketplace Maersk business units including Maersk Line, Hamburg-Sud, APMT, and Damco participate on the same terms as other participants with no special treatment or access to competitor data
16
Together we can move the industry forward
TradeLens Overview Introduction 3-Apr-19 Lead rather than react The digital transformation of global shipping, like other industries before it, is going to happen one way or another, and both companies want to lead the way rather than react to that change Grow the pie For Maersk, a more efficient trading ecosystem will drive economic growth, resulting in increased demand for shipping services Accelerate Blockchain adoption IBM believes in and is investing in Blockchain and sees the global supply chain as a significant opportunity to drive more widespread adoption Improve performance As a large network member, Maersk expects to realize significant cost savings and improved customer service by connecting to the platform WHY IBM AND MAERSK ARE INVESTING IN THIS PLATFORM Together we can move the industry forward Blockchain changes the game Never before could disparate entities securely and confidently collaborate digitally Designed from the ground up as an industry platform shaped by the ecosystem The platform is designed to be open to all industry players; an Industry Advisory Board will be formed to ensure we continuously improve based on ongoing, regular input and feedback We are moving fast We know that speed and scale are critical and building the network is the key to success Strong support from IBM, Maersk, and participants IBM and Maersk, together with the TradeLens participants, have the global reach, executive support, and ability to execute in markets around the world
17
About the TradeLens Solution
TradeLens Overview About the TradeLens Solution 3-Apr-19 About the TradeLens Solution
18
TradeLens General Availability
TradeLens Overview About the TradeLens Solution 3-Apr-19 TradeLens General Availability Share trade data across a common, secure business network, providing real- time, secure access to end-to-end supply chain information to permissioned parties Key Features Consume and publish high-fidelity trade milestone events in real-time 121 industry milestone events; support for Planned, Estimated, and Actual milestones Support for Export Cutoffs events for VGM, Cargo and Documentation cutoffs TradeLens Events Subscriptions via API Webhook for multiple participant types Adoption of UN-CEFACT data model TradeLens Shipment Manager User Interface The main UI for TradeLens enabling customers to visualize their consignments and associated documents Integration Framework Service that enables non-API integration in legacy EDI and other formats Document Sharing Document lifecycle seamlessly integrated with cargo movements: document events describing key documentation and compliance milestones (e.g., VGM Submitted, Customs Release) Structured data handling supported – data fields will be available to other participants, not just a PDF or scan Unified Permission Model based on international standards Ability to grant other organizations visibility at the consignment level Secure, Blockchain-based data storage with separate channels for major ocean carriers
19
Document Sharing Documents Supported at GA
TradeLens Overview About the TradeLens Solution 3-Apr-19 Document Sharing Documents Supported at GA Pro-Forma Invoice Commercial Invoice Packing List Booking Confirmation Shipping Instructions Export Declaration Bill of Lading Sea Waybill Arrival Notice Import Declaration Health Certificate Phytosanitary Certificate Veterinary Certificate Fumigation Certificate Inspection Certificate Certificate of Analysis Certificate of Origin Dangerous Goods Declaration Documents in orange are supported as structured data; others to be added according to continuous delivery priorities Trade documents are associated with shipments, containers and consignments in a distributed and shared repository. Eliminates endless file, folder and searching for information. Version control, each time a document is edited/uploaded, a new version of the document is created and added to the repository. Eliminates multiple copies and inconsistency of latest version. TradeLens uses Blockchain to guarantee the immutability and traceability of documents. Eliminates lost documents and assists with dispute resolution. Self-service documents on demand. Network participants defined to a consignment can immediately access document information, never having to wait for the document to be sent again. Unified permissions model based on international standards. Participants defined to the consignment will have access rights based on default permissions.
20
TradeLens Information Flow
TradeLens Overview About the TradeLens Solution 3-Apr-19 TradeLens Information Flow SHIPMENT PLANNING ORIGIN INTERMODAL EXPORT COMPLIANCE ORIGIN PORT OCEAN TRANSPORT IMPORT COMPLIANCE DESTINATION PORT DESTINATION INTERMODAL Event Source Start Consignment Tracking Carrier, 3PL Consignment Reference Added Shipper, 3PL Party Added to Consignment Start Transport Equipment Tracking Carrier New Transport Equipment Added to Consignment Transport Equipment Number Updated Shipper Updated Consignee Updated Cargo Type Updated Shipping Instructions Submitted Event Source Packing List Available Shipper, 3PL Planned Gate Out Carrier Actual Gate Out Terminal, Trucker Estimated Loaded on Truck Carrier, Shipper, 3PL Actual Load on Truck Carrier, Trucker, 3PL Planned Gate In Estimated Gate In 3PL, Trucker, Terminal Actual Gate In Estimated Discharge from Truck Actual Discharge from Truck Estimated Stuffing Start 3PL, Shipper Actual Stuffing Started Estimated Container Stuffed Actual Container Stuffed Full Transport Equipment Sealed Shipper Estimated Loading on Rail / Barge 3PL, Rail Actual Load on Rail / Barge Rail, Barge Planned Rail / Barge Departure 3PL, Rail, Barge Actual Rail / Barge Departure Estimated Discharge from Rail / Barge Actual Discharge from Rail / Barge Event Source Export Documentation Submitted Customs broker Export Documentation Approved Customs Customs Release Dangerous Goods Declaration Submitted Shipper Dangerous Goods Request Approved Carrier VGM Submitted Shipper, 3PL Geography Specific Certificate Submitted 3PL Geography Specific Certificate Approved Event Source Planned Gate In Carrier Estimated Gate In Terminal, 3PL, Trucker Actual Gate In 3PL, Trucker, Terminal Estimated Discharge from Truck Actual Discharge from Truck Estimated Rail / Barge Arrival 3PL, Rail, Barge Actual Rail / Barge Arrival Rail, Barge, Terminal Estimated Discharge from Rail / Barge Actual Discharge from Rail / Barge Estimated Loading on Vessel Terminal Do Not Load Carrier, Terminal, Customs Actual Load on Vessel Terminal, Carrier Event Source Planned Vessel Departure Carrier Estimated Vessel Departure 3PL, Carrier Actual Vessel Departure Terminal, Carrier Planned Vessel Arrival Estimated Vessel Arrival Carrier, 3PL Actual Vessel Arrival Carrier, Terminal Estimated Loading on Vessel Actual Load on Vessel Bill of Lading Available Estimated Discharge from Vessel Actual Discharged from Vessel Shift-Cell Terminal Shift-Pier Event Source Advance Declaration Submitted Carrier Advance Declaration Approved Customs Import Documentation Submitted 3PL Import Documentation Approved Customs Release Carrier Release Certificate of Origin Available Cargo Specific Certificate Submitted Cargo Specific Certificate Approved Event Source Estimated Discharge from Vessel Terminal Actual Discharge from Vessel Full Container Not Selected for Inspection Customs Full Container Passed Inspection Full Container Selected for Scan Estimated Loading on Truck Actual Load on Truck Terminal, Trucker, 3PL Estimated Gate Out Actual Gate Out Estimated Loading on Rail / Barge Terminal, Rail, Barge, 3PL Actual Load on Rail / Barge Terminal, Rail, Barge Estimated Rail / Barge Departure Actual Rail / Barge Departure Terminal Release Carrier Release Carrier Event Source Estimated Loading on Truck Terminal, 3PL, Trucker Actual Load on Truck Planned Gate Out Carrier Estimated Gate Out Terminal, Trucker, 3PL Actual Gate Out Estimated Gate In Actual Gate In Estimated Discharge from Truck 3PL, Trucker, Terminal Actual Discharge from Truck Actual Load on Rail / Barge Rail, Barge Estimated Rail / Barge Departure 3PL, Rail, Barge Actual Rail / Barge Departure Estimated Rail / Barge Arrival Actual Rail / Barge Arrival Estimated Discharge from Rail / Barge Actual Discharge from Rail / Barge Seal(s) Removed Shipper, 3PL Container Stripped End Shipment Tracking Full API Event documentation: Not all events are represented above
21
TradeLens and Blockchain
TradeLens Overview About the TradeLens Solution 3-Apr-19 TradeLens and Blockchain TradeLens uses the IBM Blockchain Platform which is based on Hyperledger Fabric, an open-source permissioned blockchain where the peer members (“Trust Anchors”) are known to the network based on cryptographic identities. Tamper-proof recording and non-repudiation for all data submitted to the solution All data is signed by the submitter and recorded in the ledgers of the Trust Anchors Verifiability of data against the recorded proof of submission on the blockchain Every piece of data can be verified against a hash of its original submitted content Recoverability of the solution from the data recorded on the blockchain All data is distributed and replicated across the ledgers of the Trust Anchors Provenance and Auditability All transactions are signed and dated on the ledger Privacy of data to ensure that it is only shared with relevant organizations Only registered entities with Certificates can access the ledger Channel Level Control Application Level Access Control
22
TradeLens Network Overview
TradeLens Overview About the TradeLens Solution 3-Apr-19 TradeLens Network Overview Enrichment Data Supplements foundational data, in real-time and direct from the source Rapidly growing network Extensive port / terminal coverage 60+ Connected Logistics Members Foundational Data The core data needed to track and manage shipments end-to-end 20% of global container shipping volume Vast number of trade lanes covered 20M Containers per year TradeLens Platform Terminals Inland transportation Government Authorities 350M Events per year Ocean Carriers (network members) Ocean Carriers* (participants) Forwarders/ NVOs Clients/ BCOs * Ocean carrier who are not network members can provide data as requested by their customers
23
Current Network Status – as of January 2019
TradeLens Overview About the TradeLens Solution 3-Apr-19 Current Network Status – as of January 2019 Ports and Terminals Ocean Carriers ⦿ Live: The Network Member is connected to the Platform and providing data ◎ In Process: The Network Member engaged and/or integration is in process Terminal Location Operator Status Algeciras, Spain Port of Algeciras ◎ APM Terminals ⦿ Apapa, Nigeria Auckland, New Zealand PortConnect Avonmouth, UK MCP Bahrain Barcelona, Spain Port of Barcelona Bilbao, Spain Port of Bilbao Brisbane, Australia Patrick Terminals Buenos Aires, Argentina Busan, South Korea Port of Busan Callao, Peru Cotonou, Benin Elizabeth, NJ, USA Felixstowe, UK Fremantle, Australia Gothenburg, Sweden Halifax, Canada Halterm Canada Hong Kong Modern Terminals Houston, TX USA Port of Houston Itajai, Brazil Izmir, Turkey Lazaro, Mexico Terminal Location Operator Status Liverpool, UK MCP ⦿ Los Angeles, CA, USA APM Terminals Maasvlakte II, Netherlands ◎ Manila, Philippines ICTSI Melbourne, Australia Patrick Terminals Montreal, Canada MGTP Mobile, AL USA Napier, NZ Napier Port Authority Newcastle, UK Onne, Nigeria Philadelphia, PA USA Packer Terminals Pipavav, India Pecem, Brazil Poti, Georgia Rotterdam, Netherlands Sydney, Australia Singapore, Singapore PSA Tangier, Morocco Tauranga, NZ PortConnect Teesport, UK Valencia, Spain Port of Valencia Visakhapatnam, India JM Baxi Ocean Carrier / Short Sea Status Maersk Line ⦿ Safmarine Sealand Hamburg-Sud ◎ Pacific International Lines KMTC Seaboard Namsung Boluda Lines Some members engaged under Early Adopter Program and/or trial agreements Inland Transportation Transportation Provider Status Ancotrans ⦿ CN Rail ◎ IMCC Government Authorities Authority Status Australia Home Affairs ◎ Bahrain Customs Canada Customs Dutch Customs Ghana / GCNET Saudi Arabia Customs Peru Customs Singapore Customs Turkey Customs Shipping Events + 285M year to date 1M per day
24
TradeLens Overview Platform Technology 3-Apr-19 PLATFORM Technology
25
Solution architecture
TradeLens Overview Platform Technology 3-Apr-19 Solution architecture TRADELENS ECOSYSTEM PARTICIPANTS BCO / NVO FFW / CHB / 3PL Inland Transportation Customs / Government Authorities Ports / Terminals Ocean Carriers XML / EDI TRADELENS APPLICATIONS API TradeLens Applications TradeLens Participant Applications Third Party Applications TradeLens Integration Framework API TRADELENS PLATFORM Platform API Platform Services Blockchain Network Channel 1 Channel 2 Channel 3 Channel 4 Channel …
26
Deployment model concept
TradeLens Overview Platform Technology 3-Apr-19 Deployment model concept ECOSYSTEM PARTICIPANT IBM CLOUD BLOCKCHAIN NODE 1 BLOCKCHAIN NODE 2 BLOCKCHAIN NODE 3 Platform API Platform API Platform API Platform API Platform Services Platform Services Node 1 Doc Store Platform Services Node 2 Doc Store Platform Services Node 3 Doc Store CLOUD PLATFORM COMPONENTS Hyperledger Fabric smart contracts + ledger Hyperledger Fabric smart contracts + ledger Hyperledger Fabric smart contracts + ledger Hyperledger Fabric Consensus CHANNEL 1 DISTRIBUTED BLOCKCHAIN PLATFORM COMPONENTS
27
TradeLens Overview Platform Technology 3-Apr-19 The Blockchain network topology will ensure segregation across ocean carriers TRADELENS OCEAN CARRIERS OTHER PARTICIPANTS TradeLens and participating ocean carriers will each host and manage a Blockchain node; other participants may as well Each node includes the Blockchain platform components as well as dedicated Blockchain- managed document storage for that node A channel will be established for each participating ocean carrier Sensitive information including documents are distributed only to those nodes participating in a channel; this means that none of a carrier’s customer information will be distributed to other carriers Documents are stored on a single node only, and are accessed at runtime by other nodes on a channel as permissions allow TradeLens Node Ocean Carrier 1 Node Ocean Carrier 2 Ocean Carrier 3 … Node Other Participant Node Dots designate node participation in a channel OCEAN CARRIER 1 CHANNEL OCEAN CARRIER 2 CHANNEL OCEAN CARRIER 3 CHANNEL …CHANNEL Note: platform support for other participants (besides ocean carriers) hosting nodes not currently available but planned for 2019
28
Document Sharing with Blockchain
TradeLens Overview Platform Technology 3-Apr-19 Document Sharing with Blockchain Documents can be uploaded/downloaded to the shipment Documents are stored in a secure document store on the Blockchain node, but not within the ledger itself. Instead, a hash of the document is maintained on the ledger. In this way, TradeLens uses Blockchain to guarantee the immutability and traceability of documents. Once uploaded/saved to the platform (Flow 1 in the figure), each document is saved to a secure Doc Store (1.2) while its hash (token “A”) is saved to the Blockchain ledger (1.3). When the document is retrieved, the hash “A” (2.1) is compared to a new hash (token “B”) generated for the retrieved document on Doc Store (2.2). Only when the hashes match, the document is considered verified (2.3). Each time a document is edited/uploaded, a new version of the document is created and added to the solution, so through normal operation of the solution the verification would not fail. Only in case of an external hack (which is practically infeasible) such verification would show an error.
29
standards and interoperability
TradeLens Overview Platform Technology 3-Apr-19 standards and interoperability TradeLens is committed to the promotion and adoption of industry standards and interoperability of platforms Information standardization The shipping industry so far has been lagging in adopting standards for basic concepts like time, place, and identity. We will work closely with our Industry Advisory Board, TradeLens participants, and standards bodies to help the industry coalesce around the use of widely adopted codes and data models. The TradeLens data model and access control scheme will align with the UN/CEFACT model. Interface standards Industry standards around the exchange of information have also been lacking. TradeLens is committed to openness, with all functionality surfaced via non-proprietary, publicly available APIs that are designed specifically for consumability and ease of integration. TradeLens will also increasingly offer standard integrations with ERP, TOS, TMS, and WMS packages. Blockchain interoperability While Blockchain information exchange between ledgers today is generally achieved by integrations using middleware, that will change in the coming years. For example, Hyperledger Quilt, an implementation of the Interledger Protocol allowing for a cross-ledger namespace and transfers of information between ledgers, will be a standard TradeLens intends to follow. It is also the intention that the TradeLens platform follows Blockchain-based standards evolving in the industry.
30
TradeLens SECURITY COMMON THREATS and TradeLens MITIGATIONS
TradeLens Overview Platform Technology 3-Apr-19 TradeLens SECURITY COMMON THREATS and TradeLens MITIGATIONS TradeLens leverages the comprehensive security capabilities embedded in numerous mission critical platforms that IBM manages for clients such as American Airlines, Hertz, and others Ransomware – IBM Blockchain platform built on Z and LinuxONE security prevent ransomware from locking data. IBM Cloud services provide data restoration capability in case of a ransomware attack. Spoofing - Tradelens is an invite-only system User ID / passwords are managed by IBM ID, and are onboarded to Blockchain Document Store. Tampering - IBM Blockchain Platform records who did what. Information susceptible to tampering is managed through IBP. Repudiation - IBM Blockchain Platform records who did what. Tradelens uses IBM ID for user authentication, and eventually federated IDs. Information disclosure – User access is enforced at the component level. All communication to/from Tradelens is over TLSv1.2 Denial of Service – Leverage Cloudflare for DOS protection. Elevation of Privilege – Careful secure engineering and penetration testing to prevent this. Secure Development, Deployment and Operations Secure development processes followed; includes source code review for security flaws, industry standard encryption algorithms, vulnerability management, and penetration testing. Invite only system with authentication and authorization of all users and access Granular permissions to documents according to participant Role on consignment Built on Enterprise IBM Blockchain Platform and IBM Cloud Provides protection against ransomware since there is no capability to access system root, and back ups are not accessible via TradeLens interface. Permissioned ledger with immutability, access control and data segregation by channel Encryption in firmware, keys protected by hardware PII and other sensitive data is not stored on chain (only hashes) Leverages fully managed IBM Kubernetes Service for run-time components. Compliance to IT Security Standards IBM IT Security Standards are aligned with ISO Tradelens is expected to achieve IT security certifications in 2019.
31
The TradeLens platform is GDPR compliant
TradeLens Overview Platform Technology 3-Apr-19 TradeLens and GDPR The TradeLens platform is GDPR compliant Broad GDPR Requirements The General Data Protection Regulation (GDPR) regulates the use of “personal data” of EU citizens by third parties. Personal data are information that helps to identify an individual directly or indirectly (e.g., by combination). Some examples of common personal data are: name, address (including professional address), telephone number, connection data such as IP address, location data such as GPS. IBM is considered a processor of personal data that is provided to the IBM cloud or the TradeLens Platform. Participants are considered the “Controller” of that data, obligated to obtain or verify consent from those customers whose data will be processed by IBM. IBM’s Data Processing Addendum (DPA) specifies a) the types of Personal Data that IBM will process in offering the TradeLens Solution, b) the types of processing activities that IBM may undertake with Personal Data, c) the security measures in place to protect Personal Data, d) the location(s) where the processing activities will take place, and e) the procedure for requests for access and/or deletion of Personal Data contained on IBM’s systems. Storage of Personal Data in TradeLens addresses of Network Member Employees addresses will be stored on IBM’s cloud and used solely for the purpose of issuing access credentials to the platform. Personal Data existing in trade documents In order to use blockchain enabled document sharing, participants will provide relevant documents to the IBM Blockchain Document Store, housed on a blockchain node Any documents stored in nodes managed by IBM that contain personal data are considered to be “processed” by IBM. IBM will process such personal data only within the limits of the DPA with the participant. The documents will be represented on the blockchain as a “hash” that can be used to access the document residing on the Blockchain Document Store. Hashes on the TradeLens blockchain do not contain personal data.
32
TradeLens Overview Joining TradeLens 3-Apr-19 Joining TradeLens
33
Participating in TradeLens
TradeLens Overview Joining TradeLens 3-Apr-19 Participating in TradeLens Next Steps Clients Obtain a quotation from IBM or Maersk Sign SaaS agreement with IBM or Maersk Initiate onboarding steps with TradeLens onboarding team Network Members Review the TradeLens Data Sharing Specification and the Swagger API for publishing / subscribing to events: Sign the Network Member Agreement with IBM or Maersk TradeLens is available today under General Availability (GA) release, for both Clients and Network Members. Clients can get up and running quickly and gain access to near real- time, high-fidelity shipping milestones via the TradeLens web app or by consuming data via subscription Network Members must provide data, and can get access to data, according to the published TradeLens Data Sharing Specification Interested participants should contact their local IBM or Maersk sales representatives. The Early Adopter Program remains open for selected participants who would trial and help test beta features under development, such as TradeLens Clear Way.
34
TradeLens Overview Benefits 3-Apr-19 BENEFITS
35
Benefits to Shippers / BENEFICIAL Cargo Owners
TradeLens Overview Benefits 3-Apr-19 Benefits to Shippers / BENEFICIAL Cargo Owners Pain Points BENEFITS High administrative costs and process latency in obtaining shipment visibility Eliminates manual processes (checking multiple Track and Trace dashboards, calling/ ing service providers) and delays related to ecosystem data processing Lack of trust regarding the fees on freight invoices, especially surcharges, requires costly, time-consuming and error-prone validation steps Full, trusted visibility on the end-to-end journey of a shipment will enable shippers to efficiently validate fees and surcharges Inefficient lane routing leading to delays, increased costs and difficulties in inventory forecasting and planning Improved analysis on shipping times / delays on specific lanes leading to changes in routing and/or better root cause identification to address service issues and improve inventory management Reactive/delayed event management after shipment has been missed, causing delays and additional detention and demmurage charges Identify shipments that are on the verge of rolling (missing Vessel departure). Leading indicators can help Logistics group proactively adjust and/or alert Customer Service Inefficient trade document exchange between trading partners leading to errors, delays and higher compliance costs Improved efficiency and timeliness in the creation and distribution of documents that routinely get generated and exchanged between trading partners Delayed Customs clearance due to security/forgery concerns and validating accuracy of transactions by the regulatory authorities Expedite the customs clearance process by providing document and transactions authenticity and security via digital workflow High costs charged by customs brokers and freight forwarders for clearance services Simplified process and workflow-driven compliance policies enables shippers to perform the function themselves, potentially at a fraction of the cost High IT costs for integrating with service providers / logistics partners Single, standards-based publish/subscribe interface for obtaining visibility data, eliminates costly maintenance of costly, error-prone point-to-point interfaces with supply chain; reduces service provider switching costs
36
Benefits to Authorities
TradeLens Overview Benefits 3-Apr-19 Benefits to Authorities Pain Points BENEFITS Unnecessary interventions, or “false positives”, due to late and missing information More complete information, available earlier and with better provenance, allows for better targeting and more effective decisions about which containers or documents require inspection. BCOs willing to share their data will face less delays caused by inspections (i.e. AEOs) Costly, paper-intensive work Reduces manual paperwork and enables greater automation allowing authorities to focus on more critical activities, such as targeted risk assessments Lack of visibility into inland transportation hampers critical activities, such as risk assessments Provides greater visibility and transparency into the entire container shipment lifecycle providing authorities with richer information to support and plan for assessment activities Fraud and forgery are major issues Reduces fraud by replacing inspections and preferential duties paper documents with more secure Blockchain-based documents Disincentivizes temptation to mis-declare goods as original shipping documentation is readily available Increases probability of catching bad actors due to a more robust, immutable audit trail for documents and event data High effort to integrate ecosystem into multiple platforms Supplements or enables a National Single Window, leveraging an industry standard platform, and decreases the need for connections to multiple platforms Facilitates sharing of documents and status information and approval workflows between government agencies within a country and with other countries. Export and import processes can be cumbersome for traders, reducing the appeal of the country as a market for business. Improves trade facilitation as customs authorities can access additional documents when required for control, without adding workload to traders. Digital document sharing can streamline import and export processes. Increases trader supply chain security and enables customs to offer additional facilitation to trade lanes
37
Benefits to Ports and terminal operators
TradeLens Overview Benefits 3-Apr-19 Benefits to Ports and terminal operators Pain Points BENEFITS Costly development and support of point-to-point EDI integrations with shipping lines and the port community Simplifies and reduces the cost of connecting to shipping lines and the broader port community by leveraging an industry standard platform participants are already connected to Inaccurate ETA & ETDs of vessels and intermodals leads to poor planning and use of port and terminal assets Quick, easy, conversational electronic communications of ETAs for all port community participants improves utilization of port assets Fluctuating equipment flows make it difficult for yard density management, leading to operation difficulties including suboptimal stack placement Advance communication on aggregated booking volumes and next mode of transport provides better data for stack placement decisions, leading to better truck and vessel service times Lengthy truck and vessel queues and suboptimal asset utilization adversely impact port and terminal operations Accurate and frequently-updated ETAs, improved stack placement, faster service times, and optimization and predictive capabilities lead to shorter queues at the port, reduced environmental impact, and better asset planning and utilization (barges, cranes, etc.). Slow message receival from authorities causes delays and poor planning Event data around authority activities will be received more quickly allowing for better yard planning. This is especially the case for ports and terminals not connected directly to the authorities today Highly competitive environment given the rise of global port capacity and increased clout of a more consolidated shipping line industry Drive competitive advantage with cheaper, easier sharing of port data; extend visibility of information across end-to-end shipping corridors; opportunity to more fully exploit investment in port community systems
38
Benefits to Freight forwarders / 3PL
TradeLens Overview Benefits 3-Apr-19 Benefits to Freight forwarders / 3PL Pain Points BENEFITS Costly manual data collection from different sources and in different formats for population of Track and Trace dashboard Common, end-to-end platform provides a single, standard source for supply chain visibility event data enabling faster and improved customer service Costly development and support of point-to-point integrations with a large network of service providers and logistics partners Reduces costs through the availability of a centralized information backbone Too dependent on inland transportation providers for the data to provide visibility to customers Multiple mechanisms for obtaining inland transport data (API integrations, mobile app, IOT devices) allows for a more value-focused sourcing strategy and provides customers with almost immediate event information in a single platform Limited insight on the performance and availability of inland transportation providers hampers effective transportation planning Historical and current data from all supply chain network members enables transportation planners to more complete information, allowing them to effectively plan logistics leading to improved customer satisfaction High costs and sometimes poor service in providing customs brokerage services Improves competitiveness by reducing the costs of information collection and increasing focus on higher-value services such as compliance Long turnaround times on customs process exceptions Significantly reduces time to correct paperwork errors by connecting source documents with customs filings via secure audit trail Difficulties identifying root causes of shipment exceptions lead to finger pointing Clear audit trail, data provenance and quicker information availability make it easier to avoid problems, but also aids in diagnosing and correcting them when they occur
39
Benefits to Intermodal - TRUCKING
TradeLens Overview Benefits 3-Apr-19 Benefits to Intermodal - TRUCKING Pain Points BENEFITS Long and unpredictable waiting time to pick up or drop off cargo (e.g. long queueing at marine terminal gate for a drayage firm due to gate flow imbalance) Increase asset turn time and revenue by reducing waiting time via a better yard/terminal capacity planning driven by the real-time event sharing (e.g. confirmation of vessel actual time of arrivals) Extra dry runs, empty equipment moves, or deadhead miles due to changing conditions or inaccurate info from other ecosystem members such as BCO’s, ocean carriers, or terminals, e.g. Marine terminals and carriers direct the return of empty equipment (containers and chassis) to different locations often via an EOD communication, causing delays and inefficiencies Reduces non-revenue trips by getting up-to-date and consistent data from BCOs, ocean carriers, freight forwarders, and terminals High customer service costs and administration efforts due to manual and complex tracking and reporting activities Common, end-to-end platform provides a single, standard source for supply chain visibility event data Disputes of detention and demurrage and error-prone validation steps Full, trusted visibility on the end-to-end journey of a shipment will decrease inland transportation provider’s efforts to validate fees and surcharges and gain shippers’ trust Difficulties identifying root causes of shipment exceptions lead to finger pointing Clear audit trail and data provenance makes it easier to avoid problems, but also aids in diagnosing and correcting them when they occur
40
Benefits to Intermodal - Rail
TradeLens Overview Benefits 3-Apr-19 Benefits to Intermodal - Rail Pain Points BENEFITS Documentation and information volume is not only vast but it is shared in a number of different mediums (EDI transactions, s, spreadsheets, physical paper) making it extremely time consuming Easily digestible event information collected from a number of different systems in a variety of different formats Key documents and events are often only made available once the container arrives, increasing delays if there is conflicting or erroneous information within documents Immediately available documentation and event information can raise red flags instantaneously when erroneous information has been shared, decreasing processing time Increased uncertainty among each step of the supply chain makes it difficult to provide adequate visibility and traceability to network members A single platform with complete information shared across the entire network provides visibility to the end-to-end supply chain Border cross-over and customs approval process is often manual and extremely time consuming Digital documentation and approval process reduces the complexity of the process, eliminates easily misplaced physical documents, increases security and reduces time required There is not a single source of the truth, creating disputes among network members Immutable, auditable and immediately available documentation in a single platform increases trust and ease of doing business Customer lacks true end-to-end visibility of the container and information communication is manual and complex A common, end-to-end platform provides a single, standard source for supply chain visibility event data
41
Benefits to Ocean carriers
TradeLens Overview Benefits 3-Apr-19 Benefits to Ocean carriers Pain Points BENEFITS Time-consuming and expensive integrations limit the connection with supply chain actors such as terminals, depots, inland carriers, feeder/barge operators and 3PLs Messages to terminals communicated on a network basis, reducing the cost of integrating and supporting individual terminals, depots and inland carriers, increasing flexibility when it comes to choosing / connecting new providers Carriers do not have full visibility and real time access to end-to-end shipment events Connecting to TradeLens platform, carriers will be able to exchange more complete and granular events real time for the shipments including events directly from shipper, intermodal, customs and 3PLs Carriers deliver different kinds of events (equipment, vessel, administrative) to their customers today via different interfaces and channels and handle high volume of customer service calls today for basic inquiries Streamline the delivery of events by using one standardized interface to the platform. No additional integrations with carrier’s customers internal systems are necessary. Supporting Carriers e-solution platform allows customers to self-serve for track & trace or subscribing events into in-house system. This will reduce track & track phone calls and burden on customer service agents by 20% or more and focus resource on higher- value services instead Revenue leakage due to lack of clarity regarding responsibility for Demurrage and Detention or late document/information submission leading to unnecessary waivers or reductions Digital audit trail and full visibility of shipment events makes documenting charges easier, simplifies compliance with regulatory audits, and reduces staff time managing disputes which are reduced or eliminated Mis-declared cargo, especially the Dangerous Cargoes Audit trail and immutable records of source documents (packing list, commercial invoice) deter mis-declaration of goods, increasing safety and improving revenue accuracy Hard to predict the bookings no-show, impacting carrier vessel utilization and unit cost With shippers and forwarders connecting and sending events to TradeLens , carriers will be able to see activities happening before the empty container pickup and have better estimation on the show-up ratio therefore adjust booking acceptance policy accordingly
42
Benefits to Intermodal - Feeder / Barge
TradeLens Overview Benefits 3-Apr-19 Benefits to Intermodal - Feeder / Barge Pain Points BENEFITS Lack of visibility into bookings until shortly before arrival or even during port call due to short voyages, terminal prioritization of main liners, dependence on transshipment containers, or late nomination of empty containers Booking information available in real time; transshipment data readied at an earlier stage Infrastructure is not always available to track arrivals and departures of barges Automation of standard data sharing and updates Inability to create an overview of impact in case of contingencies resulting in port omissions Holistic view of end-to-end transport plan allows for more informed planning and execution Substantial and other data exchanges between actors with conflicting information (commodity, weight, size, type, etc.) Receiving information directly from the source reduces discrepancies compared to second or third hand information, significantly reducing dependency on human intervention Difficulty with customs differentiating transshipment vs. local/union containers for some, resulting in manual declaration processes With customs onboarded, a friction-free process focused on targeted containers is established Loss of data when transferring data between systems for various reasons (field length, lacking fields, etc.) Standardized means of information sharing lowers the time and effort involved in onboarding new clients and business partners. Creation of unnecessary individual documents/ s such as container load status confirmation (to enable cutting B/L) Digital confirmation eliminates need for time consuming and manual processes
43
Benefits to Financial Institutions – Maritime Insurance
TradeLens Overview Benefits 3-Apr-19 Benefits to Financial Institutions – Maritime Insurance Pain Points BENEFITS Information exchange and coordination with upstream/downstream partners is costly due to manual processes (e.g., , telephone) and multiple data entry methods Reduces claim handling expenses substantially by eliminating re-keying of data by multiple parties and automating data exchanges Delays in keeping the complex network of stakeholders up-to-date with claim notifications increases claim losses and further reduces recovery values Prompt notification with accurate information preventing further devaluation of goods, increasing recoveries, and reducing overall claims losses Difficulty accessing information for quantitative analyses like actuarial reserves Increases reserving accuracy and timeliness allowing for better management of financial risks and exposure Critical information is sometime lost and it is difficult to keep a good track record of historical information Information is immutable and permanently available allowing for better risk analytics and business intelligence Settlement delays due to lack of process synchronization Cohesive and transparent settlement process benefits not only insurance and reinsurers but also brokers and claimants
44
Benefits to Financial Institutions – TRADE FINANCE
TradeLens Overview Benefits 3-Apr-19 Benefits to Financial Institutions – TRADE FINANCE Pain Points BENEFITS Information received manually from clients and in non-standardized formats Substantially reduce clerical activity by eliminating re-keying of data by multiple parties and automating data exchanges Delays in validating financing conditions due to data discrepancies in the information received from different stakeholders All parties share the same version of all required information ensuring data consistency. This enables streamlining of business processes. Critical information is sometimes lost and it is difficult to keep a good track record of historical information Information captured on the TradeLens blockchain is immutable and permanently available allowing for better risk analytics and business intelligence Shallow pool of supply chain data limits risk assessment capabilities Access to event data allows for trend analysis across the network enabling the risk assessment process. Paper-based Bills of Lading are costly and inefficient to manage, and vulnerable to bad actors TradeLens is taking advice from the industry on a Blockchain-enabled eBill of Lading solution, reducing the risk of fraud and increasing speed and flexibility for cargo owners
45
For MORE INFORMATION www.TradeLens.com
TradeLens Overview More Information 3-Apr-19 For MORE INFORMATION TradeLens documentation: TradeLens demonstration video: Blockchain and supply chain: TradeLens news:
46
Add presenter contact details if jointly led
3-Apr-19 Thank you Add presenter contact details if jointly led Awaiting final logo
47
Add presenter contact details if IBM led
3-Apr-19 3-Apr-19 47 Thank you Add presenter contact details if IBM led Awaiting final logo
48
Add presenter contact details if Maersk led
3-Apr-19 48 Thank you Add presenter contact details if Maersk led Awaiting final logo
49
3-Apr-19 49 Approved
Similar presentations
© 2025 SlidePlayer.com Inc.
All rights reserved.