Compartir este artículo
PwC Australia, Port of Brisbane Unveil Blockchain Supply Chain Pilot
PwC Australia, the Australian Chamber of Commerce and Industry and the Port of Brisbane are trialling a new blockchain trade solution.
The Australian arm of "Big Four" auditing firm PwC is working a new solution aimed to boost efficiencies in the country's international trade systems.
Announced Tuesday, PwC Australia is collaborating with the Australian Chamber of Commerce and Industry (ACCI) and the Port of Brisbane for the development of a new platform that utilizes blockchain technology to link supply chain information – in theory eliminating difficulties with traditional methods by, a releasehttps://www.pwc.com.au/press-room/2018/new-tools-to-revolutionise-international-trade.html states, removing complexity.
STORY CONTINUES BELOW
No te pierdas otra historia.Suscríbete al boletín de Crypto Daybook Americas hoy. Ver todos los boletines
Dubbed the Trade Community System, the solution addresses various trade sector "pain points" and incorporates recommendations from the "Inquiry into National Freight and Supply Chain Priorities" report released by the Australian government. The document lists a number of short- to long-term priorities intended to assist development of a supply chain strategy for the country as part of its 2016 Infrastructure Plan.
So far at the proof-of-concept stage, the Trade Community System digital application is being trialled in Brisbane with the ultimate aim of building an "innovative end-to-end supply chain," PwC partner Ben Lannan said.
He continued:
"[The platform] will digitise the flow of trading information, improve connectivity for supply chain participants, reduce friction for business and reduce supply chain costs, providing unprecedented productivity gains for Australia's international businesses."
According to the release, there has been growth in the trade volume across Australia and that is expected to continue. Currently, approximately 9 million container movements take place at five major ports annually, a number expected to rise to 15 million by 2025.
Roy Cummins, CEO of Port of Brisbane, commented, "It is the right time for industry to initiate a reform and modernisation agenda which will shift the dial for Australia's international business."
Container ship image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Japan’s Higher Rates Puts Bitcoin in the Crosshairs of a Yen Carry Unwind
A stronger yen typically coincides with de-risking across macro portfolios, and that dynamic could tighten liquidity conditions that recently helped bitcoin rebound from November’s lows.
What to know:
- The Bank of Japan is expected to raise interest rates to 0.75% at its December meeting, the highest since 1995, affecting global markets including cryptocurrencies.
- A stronger yen could lead to de-risking in macro portfolios, impacting liquidity conditions that have supported bitcoin's recent recovery.
- Governor Kazuo Ueda indicated a high probability of a rate hike, with officials prepared for further tightening if their economic outlook supports it.
Top Stories
