In recent business news, Chinas state-run shipping container line, Cosco Shipping Holdings,
entered into an agreement to collaborate with Alibaba Group Holding and the Ant Financial Group
on a blockchain project to track cargo in the shipping supply chain. Ant operates the largest
blockchain platform in China and processes payments for up to a billion users a day. This new
initiative will connect the cargo owners, shipping operators, logistics companies, and ports on a
blockchain platform.
You are majoring in accounting, and you secured an exciting summer internship at a company in
Seattle. This company ships goods to China using Cosco. The CFO tells you that the company
received an invitation to join the blockchain as a trusted participant. During your interview, you told
the CFO that you learned all about emerging and disruptive technologies in your AIS class that
semester, and you specifically mentioned blockchain. Well, you must have impressed her. The
CFO asks you to please explain how participation in the blockchain might benefit the company.
Outline how would you respond, beginning with the differences in types of blockchain..
Andreas Schleicher presents at the launch of What does child empowerment mean...
In recent business news Chinas staterun shipping containe.pdf
1. In recent business news, Chinas state-run shipping container line, Cosco Shipping Holdings,
entered into an agreement to collaborate with Alibaba Group Holding and the Ant Financial Group
on a blockchain project to track cargo in the shipping supply chain. Ant operates the largest
blockchain platform in China and processes payments for up to a billion users a day. This new
initiative will connect the cargo owners, shipping operators, logistics companies, and ports on a
blockchain platform.
You are majoring in accounting, and you secured an exciting summer internship at a company in
Seattle. This company ships goods to China using Cosco. The CFO tells you that the company
received an invitation to join the blockchain as a trusted participant. During your interview, you told
the CFO that you learned all about emerging and disruptive technologies in your AIS class that
semester, and you specifically mentioned blockchain. Well, you must have impressed her. The
CFO asks you to please explain how participation in the blockchain might benefit the company.
Outline how would you respond, beginning with the differences in types of blockchain.
