Blockchain Labs for Open Collaboration (BLOC) Co-Founder and CEO Deanna MacDonald and Marine Transport International (MTI) CEO Jody Cleworth explained how blockchain can work to change data processes and structures within shipping to make the industry more accessible.

“When you see blockchain in motion it is extremely logical,” said Cleworth. “The real value-add in my mind is the automation of data around the network which creates the provenance for transparency and visibility associated with the technology.”