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Fundación Valenciaport and Infoport boost the tracking of goods through “blockchain” technology

Fundación Valenciaport together with the technological services company Infoport, Telecom Italia Mobile (TIM) and SIS SRL, are going to launch a project for the tracking, control and security of goods in the port area through the use of blockchain technology.

This platform for the tracking of goods pursues the same objective as others already in existence, aimed at increasing quality and providing information on the status of shipments through ports, but also incorporates capabilities in terms of security and authenticity of traceability information. Thus, this project consists of connecting various public and private systems with merchandise tracking platforms (Track&Trace) through the use of blockchain technology.

This project, christened B2T2: Blockchain Based Tracing and Tracking, is funded by EIT Digital (European Institute of Innovation & Technology), a leading European organisation in education, entrepreneurship and digital innovation that focuses on digital transformation.

This initiative is also made up of four companies of recognised prestige in the sector. In addition to the Valencian Infoport and Fundación Valenciaport, B2T2 also integrates the largest telecommunications company in Italy, Telecom Italia Mobile (TIM) and the technology company SIS SRL.

The budget for this innovation project focusing on the security of port goods amounts to one million euros in total, to be implemented between September 2020 and December 2021.

There are numerous T&T (Track & Trace) platforms for tracking goods in both the private and public sectors. At the business level, these platforms are aimed at increasing quality and providing information on the status of shipments through ports.

In the public sphere, these platforms maintain the same purpose, but also incorporate security and anti-illegality capabilities. B2T2 consists of connecting various public and private systems with merchandise tracking platforms (Track&Trace) through the use of blockchain technology, which makes it possible to apply information federation and integration methodologies for secure and controlled access.

On the other hand, this group of companies will develop at least two pilot tests with end users in the Italian port of Genoa and also in the port of Valencia.

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