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'Blockchain tech will be used in building smart port'

'Blockchain tech will be used in building smart port'

RTHKa day ago
'Blockchain tech will be used in building smart port'
Mable Chan says the government will make use of blockchain technology in establishing a smart port. Photo: RTHK
Secretary for Transport and Logistics Mable Chan said the government will take the lead in setting up a platform to provide value-added services when it comes to promoting the development of a smart port.
Speaking on RTHK's Overview Policy aired on Wednesday, Chan said that apart from allowing the flow of data among stakeholders to shorten the time needed for clearances, the administration also hopes the platform can offer value-added services for cargo operations.
She said this can be done by using blockchain technology to make it more convenient to provide various services, such as insurance and legal protection, by tracking down shipments.
The technology will enable the integration of other high-value-added services and ultimately facilitate the establishment of a smart port, Chan said.
On the further shortening of the Northern Metropolis Highway's underground section to five kilometres, she said the administration aims to save as much money as possible by reducing costs, given the fiscal constraints.
The transport chief also called on the public to voice their concerns and worries over the development of a low-altitude economy as her bureau is actively planning the second phase of the project.
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