LR And BLOC Collaborate To Establish Maritime Blockchain Lab

- Apr 04, 2018-

Recently, Lloyd's Register (LR) and Blockchain Labs for Open Collaboration (BLOC) announced the establishment of a joint fund project to establish the Maritime Blockchain Lab (MBL) to explore the blockchain in securing the key infrastructure of the global maritime industry. The safety of construction and the use of new business models.


The Lloyd's Foundation is a founding member and the main investor in the project. In the next 18 months, MBL will establish three demonstration projects that focus on risk and security and make distributed systems develop breakthrough solutions.


Another purpose of MBL is to establish an ecological system in the maritime field to promote innovation, cooperation, sharing, and best practices among blockchain practitioners and seafarers. By jointly defining issues, an open and interoperable solution can be formed. Program. glenflange


BLOC CEO Deanna MacDonald said, “We are very pleased to have the support of the Lloyd's Register of Shipping Foundation. They share the same importance with us as the BLOC mission: Apply the blockchain to solving real-world problems, aiming to The maritime field establishes a secure and accessible global digital infrastructure, and distributed systems can bring many influential lifting opportunities to the maritime field." BE elbow


Deanna MacDonald said that blockchain is fundamentally a kind of collaboration technology. If it starts from the same or interrelated systems and not the competition, then this technology will really change the industry.