IBM & Maersk Team Up to Streamline the Global Shipping Ecosystem
The $4 trillion global shipping industry is riddled with inefficiencies and is ready for digital disruption. IBM just announced it will team up with Maersk, the world's largest container shipping firm, to introduce blockchain to an antiquated industry. Ramesh Gopinath, VP of Blockchain Solutions at IBM was with us to break down how the company is digitizing global trade.
Gopinath explains the inefficiencies that IBM's blockchain solutions will improve. He says 90% of the goods used everyday are carried by the ocean shipping industry. Gopinath emphasizes that there are too many players and too many handoffs involved in the supply chain process. The other major inefficiency has to do with paperwork related to customs, he says.
IBM is looking at blockchain for secure information sharing. Gopinath stresses that the solution has nothing to do with cryptocurrencies. Although IBM is currently focused on shipping, he says every industry will use the technology because the "sweet spot" for blockchain is trusted interactions between companies.
Amanda Chin, SVP of Marketing for the Golden State Warriors, stops by Cheddar to debut Valkyries name and logo and talks why women sports is good for business.
The return of ‘meme stocks’ don’t mean it’s time to panic about the stock market. If you want something to worry about… look no further than inflation.
Andela is revolutionizing global work for a sustainable future. Their impact includes diverse skills, income growth, & successful hiring in untapped locations.
With Gamestop and other meme stocks back on the rise, it brings to mind some similarities between 2021 and 2024 economically… and that’s not necessarily good.
