Wallenius Wilhelmsen has acquired a minority stake in the blockchain company Vinturas.
Netherlands-based Vinturas provides blockchain-enabled digital network functionality that enhances Wallenius Wilhelmsen’s end-to-end cargo services. It specialises in the global vehicle industry; its solution offers both real-time visibility and full integration of document sharing, thereby breaking down silos between trading partners and companies.
“This move further strengthens our end-to-end supply chain capabilities,” said Simon White, chief digital officer at Wallenius Wilhelmsen. “With the use of this type of technology, all stakeholders, internal and external, across the outbound supply chain, can share data seamlessly and securely.”
Wallenius Wilhelmsen said that its customers will be able to track and manage all data related to the movement of a vehicle - from factory to dealer or all the way to the end customer.
“We have already partnered with DeGould, now Vinturas. We continue to invest in solutions that connect data which ultimately improves efficiency, it cuts waste from the supply chain, it reduces emissions, it provides better transparency and predictability, and it secures data,” added White.