Smart Applications of New International Land-sea Trade Corridor | Chongqing Opportunity

Whole vehicle logistics tracking, online warehouse booking service, digital bill of lading platform, land-sea chain... Through advanced technology and information sharing, the New International Land-sea Trade Corridor is striving to create all-around smart applications.

The public information platform and blockchain platform built by New Land-sea Corridor Operation Co., Ltd. breakthrough data bottlenecks in logistics, trade, finance, and industry, reduce the cost of data interaction on the channel and fully release the energy of digital intelligence technology.

As a key project of ILSTC, the public information platform uses big data technology to integrate massive data of logistics hub nodes, transportation data of vehicles, documents circulation data, and financial service data.

Besides, the New Land-sea Corridor Operation Co., Ltd. also seized the emerging blockchain technology and created the New International Land-sea Trade Corridor blockchain platform, Land-sea Chain. Based on blockchain technology, the company built a digital bill of lading platform, which can shorten the bill of lading delivery time to a few minutes, with higher reliability and self-control.

Jointly built by China and Singapore, the ILSTC highlights the prominent role of Singapore Port, the second largest port in the Asia-Pacific region and one of the largest container ports in the world, with a record high container throughput of 37.5 million twenty-foot equivalent units (TEUs).

With a business network encompassing over 50 locations in 26 countries, PSA has rich experience in container terminal operation, investment, and management. The construction concept of Singapore port and the smart port’s development can provide ideas for the port construction in Chongqing, helping China’s ports to reach a world-class level.

In the case of Chongqing, the Waterless Port, Chongqing’s important logistics distribution hub, will be one of the following priorities which mainly considers innovative applications in terms of efficiency and cost.

Looking forward to the ILSTC’s digital and intelligent future, the company would combine the data assets and applications on ILSTC to jointly build trade, financial, and industrial supply chain service platforms and advance the digital economy through a full range of digital applications.