Article on key blockchain developments impacting the Hong Kong logistics industry
KPMG has recently published an article on the key blockchain trends impacting Hong Kong’s logistics industry.
We see an explosion of interest in blockchain across many sectors and functions in Hong Kong. With the development of blockchain-supported platforms such as the Hong Kong Trade Finance Platform (HKTFP), the logistics industry will be at the centre of this technology-based business transformation.
The article provides insights on the potential impact of HKTFP and other blockchain developments, as well as how logistics companies in Hong Kong can prepare for the industry’s ongoing digitisation.
In addition, it discusses the key operational challenges and potential services arising from these developments, with further suggestions on how the industry should participate in the wider trade ecosystem.