ABU DHABI PORTS SUBSIDIARY TESTS INTERNATIONAL BLOCKCHAIN PILOT WITH PORT OF ANTWERP

Last updated: June 20, 2025, 00:12 | Written by: Vitalik Buterin

Abu Dhabi Ports Subsidiary Tests International Blockchain Pilot With Port Of Antwerp
Abu Dhabi Ports Subsidiary Tests International Blockchain Pilot With Port Of Antwerp

The world of international trade is a complex web of documentation, regulations, and logistics.For years, inefficiencies have plagued the shipping industry, creating bottlenecks and adding unnecessary costs.However, a beacon of innovation is emerging from the United Arab Emirates (UAE), promising to streamline these processes and enhance global trade efficiency.Abu Dhabi Ports subsidiary, Maqta Gateway, has embarked on a groundbreaking journey, partnering with Belgium's Port of Antwerp to test an international blockchain pilot project. ADP First to Test Local Blockchain Trade Solution Internationally. MoU signed with Port of Antwerp to pilot test projectThis initiative, centered around Maqta Gateway's Silsal blockchain platform, aims to revolutionize how international trade documentation is handled, paving the way for a more secure, transparent, and efficient global supply chain.This partnership marks a significant step towards realizing the Abu Dhabi Economic Vision 2025, solidifying its position as a leading logistics, transport, and trade hub.This proof-of-concept (PoC) trial, already technically specified and agreed upon by both parties, is set to unfold in the fourth quarter of 2025, promising tangible results and a glimpse into the future of global trade. Maqta Gateway LLC, an Abu Dhabi Ports subsidiary, unveiled at GITEX Technology Week that it began implementing the first international blockchain pilot testing project in partnership with the Port of Antwerp, Belgium. Today s announcement marks the latest milestone for Silsal project, which is considered to be the first Blockchain-based solution to be developed locally byThe potential impact is immense, affecting importers, exporters, and the entire shipping ecosystem.

What is the Silsal Blockchain Platform?

Silsal is a blockchain platform developed by Maqta Gateway, a subsidiary of Abu Dhabi Ports.Launched in June, Silsal was designed to address inefficiencies that have long burdened the shipping industry.The platform's core purpose is to better connect importers and exporters, creating a seamless flow of information and documentation. By leveraging distributed ledger technology, Silsal offers a secure, transparent, and immutable record of transactions, reducing the risk of fraud and errors.This is particularly important in international trade, where multiple parties, jurisdictions, and regulatory requirements are involved.

Key Features of Silsal

  • Secure Data Storage: Blockchain's decentralized nature ensures that data is stored across multiple nodes, making it virtually tamper-proof.
  • Transparency: All participants in the supply chain can access relevant information, fostering trust and collaboration.
  • Efficiency: Automated processes and reduced paperwork lead to faster transaction times and lower costs.
  • Real-time Tracking: Silsal enables real-time tracking of goods and documents, providing enhanced visibility and control.

The Partnership: Maqta Gateway and Port of Antwerp

The collaboration between Maqta Gateway and the Port of Antwerp is a strategic alliance that brings together two major players in the global maritime industry.Abu Dhabi Ports, a major seaport operator in the UAE, is committed to innovation and technological advancement.The Port of Antwerp, one of Europe's largest seaports, shares this commitment and recognizes the potential of blockchain technology to transform the industry.

The Memorandum of Understanding (MoU) signed between the two entities signifies a shared vision for the future of international trade. We realized early on that blockchain technology can provide the very things necessary for reliability and integrity in the increasingly complex global supply chain. Silsal s first international step today, working with the Port of Antwerp, is a manifestation of Abu Dhabi Ports commitment to secure Abu Dhabi s global standing as aThis partnership leverages the expertise of both organizations, combining Maqta Gateway's blockchain technology with the Port of Antwerp's extensive experience in port operations and global trade facilitation.

Why Port of Antwerp?

Choosing the Port of Antwerp as a partner was a strategic decision. A subsidiary of the major U.A.E. seaport operator Abu Dhabi Ports has launched an international blockchain pilot with the Port of Antwerp, global shipping news agency Hellenic Shipping NewsHere’s why:

  • Strategic Location: The Port of Antwerp is a key gateway to Europe, handling a significant volume of international trade.
  • Innovation Focus: The port has a strong track record of embracing new technologies to improve efficiency and competitiveness.
  • Shared Vision: Both organizations recognize the potential of blockchain to revolutionize the shipping industry.

The Blockchain Pilot Project: Proof of Concept

The core of this collaboration is a proof-of-concept (PoC) trial, where Maqta Gateway will utilize the Silsal blockchain platform to handle international trade documentation with the Port of Antwerp.The objective is to test the platform's capabilities in a real-world scenario, demonstrating its potential to improve efficiency, security, and transparency.This project will focus on several key areas:

Focus Areas of the PoC Trial

  1. Digital Documentation: Replacing traditional paper-based documents with digital equivalents stored on the blockchain.
  2. Automated Processes: Automating key processes, such as customs clearance and payment processing.
  3. Real-time Visibility: Providing stakeholders with real-time access to information about the status of shipments.
  4. Secure Transactions: Ensuring the security and integrity of all transactions through blockchain's cryptographic features.

Expected Outcomes of the Pilot

The successful completion of this pilot project is expected to yield several significant benefits:

  • Reduced Costs: By streamlining processes and reducing paperwork, the project aims to lower transaction costs.
  • Faster Processing Times: Automation and real-time visibility are expected to accelerate processing times.
  • Improved Security: Blockchain's inherent security features will enhance the security of trade documentation and transactions.
  • Enhanced Transparency: Increased transparency will foster trust and collaboration among stakeholders.

Benefits of Blockchain in International Trade

The application of blockchain technology in international trade offers a multitude of benefits, addressing many of the challenges that have plagued the industry for years. Maqta Gateway LLC, an Abu Dhabi Ports subsidiary, and Belgium's Port of Antwerp have signed a Memorandum of Understanding to test an advanced blockchain pilot project to facilitate international trade.Blockchain has the potential to transform global supply chains, making them more efficient, secure, and transparent.

Key Advantages of Blockchain in Trade

  • Enhanced Security: Blockchain's cryptographic features protect against fraud and tampering. A subsidiary of the major U.A.E. seaport operator Abu Dhabi Ports has launched an international blockchain pilot with the Port of Antwerp, global shipping news agency Hellenic Shipping News reports Oct. 15. Following a Memorandum of Understanding (MoU) signed between Abu Dhabi Ports subsidiary Maqta Gateway and the Port of Antwerp, the companies will run a pilot of a blockchain project calledEvery transaction is recorded on a distributed ledger, making it virtually impossible to alter or delete data.
  • Increased Transparency: All participants in the supply chain have access to the same information, fostering trust and collaboration. Maqta Gateway becomes the first Abu Dhabi entity to implement a blockchain pilot project globally. Maqta Gateway, an Abu Dhabi Ports subsidiary, has begun implementing the first international blockchain pilot testing project in partnership with the Port of Antwerp, Belgium. An aerial view of Khalifa PortThis eliminates information silos and reduces the risk of disputes.
  • Improved Efficiency: Automation and reduced paperwork streamline processes, leading to faster transaction times and lower costs.Blockchain can automate tasks such as customs clearance, payment processing, and documentation verification.
  • Reduced Costs: By eliminating intermediaries and reducing paperwork, blockchain can significantly lower transaction costs.
  • Faster Processing: Real-time visibility and automated processes accelerate processing times.This allows goods to move more quickly through the supply chain, reducing delays and improving customer satisfaction.
  • Better Traceability: Blockchain enables end-to-end traceability of goods, providing greater visibility into the origin and journey of products. Abu Dhabi Ports and the Port of Antwerp, Belgium, have announced a collaboration on a pilot program for a blockchain-powered supply chain project, Silsal, which will run a Proof of Concept test for handling international trade documents, according to Abu Dhabi Ports.This is particularly important for industries such as food and pharmaceuticals, where traceability is crucial for ensuring safety and quality.
  • Simplified Compliance: Blockchain can simplify compliance with regulatory requirements by providing a transparent and auditable record of all transactions.This makes it easier for companies to demonstrate compliance with trade regulations and customs requirements.

How Silsal Contributes to Abu Dhabi's Economic Vision 2025

The implementation of Silsal and its international pilot project with the Port of Antwerp directly supports Abu Dhabi's Economic Vision 2025. Maqta Gateway, a subsidiary of Abu Dhabi Ports, has announced that is trialing blockchain technology in partnership with Port of Antwerp.Maqta Gateway has signed a Memorandum of Understanding with the Port of AntwerpThis vision aims to diversify the economy, promote innovation, and establish Abu Dhabi as a global hub for trade and logistics.

Supporting Key Objectives

  • Diversification of the Economy: By promoting technological innovation and attracting foreign investment, Silsal contributes to the diversification of Abu Dhabi's economy.
  • Promotion of Innovation: Silsal is a prime example of technological innovation, showcasing Abu Dhabi's commitment to embracing new technologies.
  • Establishment as a Global Hub: By improving the efficiency and competitiveness of its ports, Abu Dhabi is strengthening its position as a global hub for trade and logistics.

Silsal's first international step, working with the Port of Antwerp, is a manifestation of Abu Dhabi Ports' commitment to secure Abu Dhabi's global standing as a premier logistics, transport, and trade hub. A subsidiary of Abu Dhabi Ports has launched an international blockchain pilot with the Port of Antwerp. A subsidiary of the major U.A.E. seaport operator Abu Dhabi Ports has launched an internationalIt directly aligns with the Abu Dhabi Economic Vision 2025 by fostering innovation and enhancing the region's competitiveness in the global marketplace.

Real-World Applications and Use Cases

The potential applications of blockchain in international trade are vast and varied.Here are some real-world examples of how blockchain can be used to improve the efficiency and security of global supply chains:

Specific Use Cases

  • Trade Finance: Blockchain can streamline trade finance processes by automating letter of credit issuance and reducing the risk of fraud.
  • Customs Clearance: Blockchain can accelerate customs clearance by providing customs authorities with real-time access to shipment information.
  • Supply Chain Tracking: Blockchain can enable end-to-end tracking of goods, providing greater visibility into the origin and journey of products.
  • Intellectual Property Protection: Blockchain can be used to protect intellectual property by creating a secure and transparent record of ownership.
  • Counterfeit Prevention: Blockchain can help prevent counterfeiting by providing a secure and verifiable record of product authenticity.

Addressing Concerns and Challenges

While the potential benefits of blockchain in international trade are significant, there are also some challenges that need to be addressed.These include:

Potential Roadblocks

  • Scalability: Blockchain networks need to be able to handle a large volume of transactions to be effective in international trade.
  • Interoperability: Different blockchain platforms need to be able to communicate with each other to facilitate seamless trade transactions.
  • Regulatory Uncertainty: The regulatory landscape for blockchain is still evolving, which can create uncertainty for businesses.
  • Data Privacy: Ensuring the privacy of sensitive trade data is crucial.
  • Adoption Barriers: Convincing all stakeholders to adopt blockchain technology can be a challenge.

Addressing these challenges will require collaboration between industry, government, and technology providers.Standardized protocols, clear regulatory frameworks, and user-friendly platforms are essential for widespread adoption.

The Future of Blockchain in International Trade

The future of blockchain in international trade is bright.As the technology matures and adoption increases, we can expect to see even more innovative applications emerge.Blockchain has the potential to transform global supply chains, making them more efficient, secure, and transparent.

Emerging Trends

  • Increased Adoption: More and more companies are exploring the use of blockchain in international trade.
  • Standardization: Efforts are underway to develop industry standards for blockchain-based trade platforms.
  • Integration with IoT: Combining blockchain with the Internet of Things (IoT) will enable even greater visibility and control over supply chains.
  • AI Integration: Artificial intelligence (AI) can be used to automate tasks and improve decision-making in blockchain-based trade platforms.

The partnership between Abu Dhabi Ports and the Port of Antwerp is a sign of things to come. Abu Dhabi Ports Subsidiary Tests International Blockchain Pilot with Port of Antwerp cointelegraph.comAs more organizations embrace blockchain technology, we can expect to see a more efficient, secure, and transparent global trade ecosystem.

How Businesses Can Prepare for the Blockchain Revolution

Given the transformative potential of blockchain in international trade, businesses should start preparing now. Maqta Gateway LLC, an Abu Dhabi Ports subsidiary, unveiled at GITEX Technology Week that it began implementing the first international blockchain pilot testing project in partnership with the Port of Antwerp, Belgium.Here are some actionable steps they can take:

Steps to Take

  1. Educate Yourself: Learn about blockchain technology and its potential applications in your industry.
  2. Assess Your Needs: Identify areas in your supply chain where blockchain can improve efficiency and security.
  3. Explore Pilot Projects: Participate in pilot projects to gain hands-on experience with blockchain technology.
  4. Collaborate with Partners: Work with your suppliers, customers, and other stakeholders to develop blockchain-based solutions.
  5. Stay Informed: Keep up-to-date on the latest developments in blockchain technology and regulations.

Conclusion: A New Era for Global Trade

The Abu Dhabi Ports subsidiary's blockchain pilot project with the Port of Antwerp represents a pivotal moment in the evolution of international trade.By leveraging the power of blockchain technology, Maqta Gateway and the Port of Antwerp are paving the way for a more efficient, secure, and transparent global supply chain. 535 subscribers in the BitbonSpace community. Bitbon System is an integral decentralized blockchain-based system, which allows Bitbon System Users toThis initiative not only supports Abu Dhabi's Economic Vision 2025 but also sets a precedent for other ports and trade organizations around the world. Following a Memorandum of Understanding signed between Abu Dhabi Ports subsidiary Maqta Gateway and the Port of Antwerp, the companies will run a pilot of a blockchain project called Silsal. According to the project, both entities will handle international trade documentation by deploying distributed ledger technology .The potential benefits are immense, ranging from reduced costs and faster processing times to enhanced security and improved traceability. A subsidiary of Abu Dhabi Ports has partnered with Belgium's Port of Antwerp for a blockchain pilot aimed to facilitate international trade. The proof-of-concept (PoC) trial will be conducted by Maqta Gateway using its own blockchain platform, Silsal, which was launched in June to address inefficiencies in the shipping industry and better connect importers and exporters.As blockchain technology continues to mature and adoption increases, we can expect to see a fundamental transformation of the global trade ecosystem. A subsidiary of Abu Dhabi Ports has launched an international blockchain pilot with the Port of Antwerp. A subsidiary of the major U.A.E. seaport operator Abu Dhabi Ports has launched an international blockchain pilot with the Port of Antwerp, global shipping news agency Hellenic Shipping News reports Oct. 15. Following a Memorandum of Understanding (MoU) MoreThis is a call to action for businesses to embrace this technology and prepare for the future of international trade. Maqta Gateway LLC, an Abu Dhabi Ports subsidiary, unveiled at GITEX Technology Week that it began implementing the first international blockchain pilot testing project in partnership with the Port of Antwerp, Belgium. Today s announcement marks the latest milestone for Silsal project, which is considered to be the first Blockchain-based solutionThe move to blockchain is no longer a possibility; it is an emerging standard.Are you ready to implement blockchain technology in your business model?

Vitalik Buterin can be reached at [email protected].

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