Spain’s New “Smart Port” Leverages Blockchain For Big Data At Port Authority Of Valencia

Valencia has one of the busiest ports in the world, so the city has decided to announce the creation of a “smart port”, which will use the blockchain technology and big data to provide transparency of logistic chains from end to end even further than the port. This was revealed by the official website of the port.

The responsible for implementing this new technology will be Jose Garcia De La Guia, which works in the Port Authority of Valencia. He explains that the blockchain is a great option for improving the logistics in international ports.

By applying cloud technologies, big data and the blockchain, they could create ports without papers that would optimize the resources and reduce time spent on maintenance, as well as cut most of the costs.

This announcement was made during the Smart Ports and Supply Chain Technologies Conference, which was held in Rotterdam.

Blockchain Is Widely Used In Ports

The blockchain technology is widely being used in ports all over the world since last year. With the goal of improving logistics, many ports like UK’s leading port operator, thge Associated British Ports (ABP) have decided to take part in pilot shipments using this solution. Denmark, for instance, has also revealed plans to do it.

Spain, at the moment, continues to be one of the countries that is more optimistic about the blockchain technology as the public administration and many private companies are starting to use it in order to solve problems around the country and to improve their efficiency.