Deloitte partners with kilt blockchain for digital shipping logistics solution
- bhoomisinghal0
- Dec 8, 2023
- 1 min read
Deloitte, a prominent division of the “Big Four” accounting firms, has collaborated with the Polkadot-based Kilt blockchain to revolutionize logistics and supply-chain services within the shipping industry. The initiative aims to introduce a novel logistics service known as KYX, short for Know Your Client and Know Your Cargo. Hapag-Lloyd, a leading shipping giant, is set to be the inaugural adopter of Deloitte’s KYX system. The KYX system is ingeniously crafted by combining two critical processes: Know Your Client (KYC) and Know Your Cargo. In a recent chat at the India Blockchain Week conference, Ingo Ruebe, the founder of the KILT Protocol, shed light on the pioneering collaboration.
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