LogChain
Global Platform for Maritime Shipping Transactions
Company Overview
Snapshot
Founded in January 2018 by Dudi Avni and Ben Pasternak, LogChain operates with 1–10 employees. The company developed an innovative solution for the maritime ecosystem and demonstrated the world's first international maritime shipment using blockchain technology in March 2019.
Business overview
LogChain provides an innovative solution for the maritime ecosystem, offering a secure digital space for importers, exporters, shipping companies, freight forwarders, banks, and ports to connect, submit business requests, and store transaction information. The company's platform aims to reduce manual workload, enhance customer experience, and decrease time and costs within the maritime shipping industry. LogChain operates within the Business Software sector, focusing on logistics and transportation management, leveraging DLT & Blockchain technology.
Strategic signal
In March 2019, LogChain demonstrated the world's first international maritime shipment utilizing blockchain technology. This event signaled the company's capability to apply distributed ledger technology to streamline complex global logistics, offering a proof-of-concept for enhanced transparency and efficiency in maritime supply chains.
Log in to access full profile ›Company Intelligence Q&A
- What is LogChain's primary focus?
- LogChain focuses on providing a global platform for maritime shipping transactions, creating a safe digital space for various stakeholders in the maritime ecosystem to connect and manage business requests.
- When was LogChain founded and by whom?
- LogChain was founded in January 2018 by Dudi Avni and Ben Pasternak.
- What significant technological milestone did LogChain achieve?
- In March 2019, LogChain demonstrated the world's first international maritime shipment using blockchain technology, showcasing its innovative solution for the industry.
- What is the status of LogChain?
- LogChain is currently non-active, having ceased operations in June 2020.
- What problem does LogChain aim to solve in the maritime industry?
- LogChain aims to reduce manual work overload, improve customer experience, and decrease time and costs by streamlining legacy processes within the maritime shipping industry through its digital platform.