Blockchain in the Singapore maritime industry

As we undergo the technological revolution, we seek digital technologies to simplify and improve our process, bringing down costs, and improving our margins. Singapore, being a major trading hub in the world, and has no form of natural resources rely heavily on trade, imports and exports to keep our...

Full description

Saved in:
Bibliographic Details
Main Author: Leow, Wei Kai
Other Authors: Chew, David Ah Seng
Format: Final Year Project
Language:English
Published: 2019
Subjects:
Online Access:http://hdl.handle.net/10356/77840
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Nanyang Technological University
Language: English
id sg-ntu-dr.10356-77840
record_format dspace
spelling sg-ntu-dr.10356-778402023-03-03T17:15:50Z Blockchain in the Singapore maritime industry Leow, Wei Kai Chew, David Ah Seng School of Civil and Environmental Engineering DRNTU::Engineering::Maritime studies As we undergo the technological revolution, we seek digital technologies to simplify and improve our process, bringing down costs, and improving our margins. Singapore, being a major trading hub in the world, and has no form of natural resources rely heavily on trade, imports and exports to keep our economy afloat and ahead of the regional and global competitors. To continue to improve our position as a trading hub, we seek to develop and adopt digital technologies to facilitate trade, specifically, blockchain technology. Blockchain has been thrown into the spotlight with the onset of the cryptocurrency hype. Understanding of the technology has grown rapidly since then, and many businesses have now been tinkering with how blockchain can potentially improve their business operations and efficiency. This paper first explores the different forms of blockchain that have already been established in the industry, before compiling feedback from industry players on the technology via interviews. This paper then seeks to understand the reasons behind the slow adoption of blockchain technology in the Singapore maritime industry, and provides recommendations on how this adoption can be catalysed.   Bachelor of Science (Maritime Studies) 2019-06-07T02:17:16Z 2019-06-07T02:17:16Z 2019 Final Year Project (FYP) http://hdl.handle.net/10356/77840 en Nanyang Technological University 36 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic DRNTU::Engineering::Maritime studies
spellingShingle DRNTU::Engineering::Maritime studies
Leow, Wei Kai
Blockchain in the Singapore maritime industry
description As we undergo the technological revolution, we seek digital technologies to simplify and improve our process, bringing down costs, and improving our margins. Singapore, being a major trading hub in the world, and has no form of natural resources rely heavily on trade, imports and exports to keep our economy afloat and ahead of the regional and global competitors. To continue to improve our position as a trading hub, we seek to develop and adopt digital technologies to facilitate trade, specifically, blockchain technology. Blockchain has been thrown into the spotlight with the onset of the cryptocurrency hype. Understanding of the technology has grown rapidly since then, and many businesses have now been tinkering with how blockchain can potentially improve their business operations and efficiency. This paper first explores the different forms of blockchain that have already been established in the industry, before compiling feedback from industry players on the technology via interviews. This paper then seeks to understand the reasons behind the slow adoption of blockchain technology in the Singapore maritime industry, and provides recommendations on how this adoption can be catalysed.  
author2 Chew, David Ah Seng
author_facet Chew, David Ah Seng
Leow, Wei Kai
format Final Year Project
author Leow, Wei Kai
author_sort Leow, Wei Kai
title Blockchain in the Singapore maritime industry
title_short Blockchain in the Singapore maritime industry
title_full Blockchain in the Singapore maritime industry
title_fullStr Blockchain in the Singapore maritime industry
title_full_unstemmed Blockchain in the Singapore maritime industry
title_sort blockchain in the singapore maritime industry
publishDate 2019
url http://hdl.handle.net/10356/77840
_version_ 1759857244773548032