China’s biggest holiday, the Lunar New Year celebration, is just getting underway. As with all major occasions, it’s important that food and supplies arrive on time. This is particularly true of mandarin oranges, a symbol of prosperity commonly part of the festivities in Asia, used as greeting gifts and enjoyed during the celebrations.
Singapore-based shipping company Pacific International Lines (PIL) has teamed with IBM to explore how blockchain technology can enhance the documentation process in supply chain management.
Founded by Chinese entrepreneur Chang Yun Chung in 1967, PIL is the world’s ninth top containership operator and one of the largest ship-owners in South-east Asia.