The Danish Maritime Authority has launched a pilot project to harness blockchain technology to make ship registration a more digitilised process.
When they want to register ships today, shipowners are still required to fill in and handle documents manually. In order to promote digitalisation in Denmark, the Danish Maritime Authority has launched a pilot project to shed light on the long-term possibilities of digitalising the entire ship registration process.
Denmark’s minister for industry, business and financial affairs Brian Mikkelsen commented: “The Maritime Strategy Team has recommended full digitalisation of, inter alia, the register of shipping.
By means of an entirely new technology such as blockchain, this pilot project may pave the way for a more open, secure and efficient registration of ships on the Danish registers. This is important in an industry with a distinct focus on keeping costs low and where trust in all the parties involved is a necessity.”
The users will be involved in the pilot project, which is to clarify whether blockchain technology could support the Danish Maritime Authority’s digitalisation efforts positively and help bring about an open, secure and more efficient approach to the date recorded in the registers of shipping.