Here to simplify trade for all
GSBN
Our Vision
Our vision is to simplify global trade for all.
Our mission is to enable and accelerate the digital transformation of the shipping industry.
Through the setup of a not for profit, secure Data Exchange,
GSBN will:
- facilitate the sharing of verified logistics data
- streamline operations across the entire supply chain and
- create value for all parties involved
Our Shareholders
Our shareholders are major Shipping Carriers and Global Terminal Operators. They are committed to collaborate in an open and transparent manner, to bring forward the digital transformation of the entire shipping industry.
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Our Platform
GSBN is a trade data utility platform powered by blockchain that enables supply chain participants to work collaboratively to accelerate the digital transformation of the industry.
GSBN is built on a permissioned blockchain with strong data governance where only authorized parties are granted the right to contribute and consume shipping related data. By leveraging immutability of the blockchain and data field level privacy through cryptography, participants in the supply chain such as Terminals, Carriers, Shippers, Freight Forwarders, Truckers, Customs and Financial Institutions, can collaboratively design and enable industry wide, end to end, solutions.
GSBN was established on a not for profit basis to ensure neutrality of the platform.
Our Product - Cargo Release
This product enables customers to eliminate manual processes and remove any need for physical exchanges of paper documentation.
When Cargo Release was deployed in Shanghai, it led to a reduction in the overall process time from 2 to 3 days to only 1 to 2 hours.
Our Product - Trade Finance
This product will enable financial institutions to leverage logistics data in their underwriting and risk management processes when they provide financing products to customers who are using GSBN’s members as their logistics service providers.
GSBN welcomes Bank of China (“BOC”), DBS Bank (“DBS”) and The Hong Kong and Shanghai Banking Corporation Limited (“HSBC”), to form the consortium’s Trade Finance Advisory Group.
Our Team
We have a diverse team, with multicultural backgrounds, wide domain knowledge and multilingual skills (English, French, German, Dutch, Chinese). We share a global outlook on businesses and a passion for unlocking value in the industry by applying disruptive technologies.
We look forward to embarking with all of you on this transformation journey, exploring and implementing new technologies and ways of working together to solve the hardest problems in the shipping industry.
