maersk Archives - Blockmagic

Nobel prize winner Krugman on blockchain, Maersk failure

Blockmagic
Posted on December 5, 2022

Nobel prize winning economist Paul Krugman recently said to the media that the overhyped blockchain has proven to be “useless”. The shut down of TradeLens is only one of the events he cites to support his anti-crypto views that he has been sharing for a long time. In 2011, he had published an op-ed in…

Use cases and applications

TradeLens, blockchain’s celebrated global supply chain platform, to shut

Blockmagic
Posted on December 1, 2022

Supply chain is widely considered a major application area of blockchain technology. The demise of TradeLens, a blockchain supply chain network set up by Maersk and IBM, is therefore a major event that will cause re-thinking and re-evaluation of how to successfully deploy blockchain based services. TradeLens had processed over 35 million documents and served…

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