The parent company of beer maker Anheuser-Busch has taken part in a blockchain pilot in a bid to test the tech for global shipping uses.
The company is part of a wider blockchain consortium that experimented with technology developed by consultancy firm Accenture. Other participants included shipping container firm APL, logistics company Kuehne+Nagel, and an unnamed European customs organization.
The pilot saw the companies involved use Accenture's solution for 12 real-world shipments, all of which were sent to a different jurisdiction that each carried its own particular regulatory requirements. The results "confirmed that blockchain can reduce operating costs and increase supply chain visibility," according to Accenture.
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