Israeli container line Zim has signed up to Maersk Line's and IBM's blockchain platform.
It said TradeLens uses the encryption technology to enable trust between multiple trading partners.
Members get a single shared view of a transaction without compromising details, privacy or confidentiality and can collaborate more efficiently through real-time access to shipping data and documents.
Eyal Ben Amram, Zim CIO, said: “We are very pleased to join TradeLens, as part of our vision to be at the forefront of digital innovation in shipping.
"Zim endorses a proactive approach of promoting and investing in innovative digital solutions, such as the pioneering blockchain-based electronic bill of lading initiative, in collaboration with Wave Inc, and the recent investment in Ladingo, a ground-breaking e-commerce solution”.
Mike White, TradeLens leader for Maersk, said: "The more carriers and other ecosystem members that join the platform, the closer we come to bringing about a new era in global trade.”
More than 5m shipments have been recorded on TradeLens to date by more than 60 network members and 100 overall "ecosystem" members, Zim said.
