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TRADELENS OVERVIEW

TRADELENS OVERVIEW. AUGUST 2019. CONTENTS. 1. INTRODUCTION 2. ECOSYSTEM 3. USE CASE 4. MORE INFORMATION. INTRODUCTION. Introduction. AN OPEN AND NEUTRAL BLOCKCHAIN-BASED PLATFORM THAT IS DIGITIZING THE GLOBAL SUPPLY CHAIN AND TRANSFORMING TRADE.

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TRADELENS OVERVIEW

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  1. TRADELENS OVERVIEW AUGUST 2019 CONTENTS 1. INTRODUCTION 2. ECOSYSTEM 3. USE CASE 4. MORE INFORMATION

  2. INTRODUCTION

  3. Introduction AN OPEN AND NEUTRAL BLOCKCHAIN-BASED PLATFORM THAT IS DIGITIZING THE GLOBAL SUPPLY CHAIN AND TRANSFORMING TRADE TradeLens is ushering in a new era in global supply chains—one where all parties can collaborate, share data, and realize the benefits of digitization. Data is published directly from the source so the right people can securely manage their supply chain in near real-time. TradeLens breaks down longstanding data and processing silos that exists among trading partners and simplifies the flow of documentation that accompanies every shipment. Currently, the platform handles 10 million events and more than 100,000 documents every week, and growing rapidly The platform is being driven by a broad collaboration of industry players under the leadership of IBM and Maersk GLOBAL TRADE IN NUMBERS TRADELENS $16+ TRILLION IN GOODS ARE SHIPPED ACROSS INTERNATIONAL BORDERS EACH YEAR 80% OF THE GOODS CONSUMERS USE DAILY ARE CARRIED BY THE OCEAN SHIPPING INDUSTRY BY REDUCING BARRIERS WITHIN THE INTERNATIONAL SUPPLY CHAIN, GLOBAL TRADE COULD INCREASE BY NEARLY 15%

  4. Introduction OUR JOURNEY June 2019 Hapag Lloyd and ONE agree to join. Five of the largest six carriers now plan to be on the TradeLens platform by the end of 2019. Read more Ocean carrier additions: CMA and MSC join Ocean carrier additions: ZIM joins Ocean carrier additions: Seaboard Marine and KMTC join Ocean carrier additions: Namsung and Boluda join December 2018 TradeLens Commercial Release; 1.5 million events per day published to the platform; working with more than 100 ecosystem participants Ocean carrier additions: PIL join Ocean carrier additions: Maersk Line, Safmarine, Hamburg Sud, Sealand join September 2018 TradeLens Limited Availability Release August 2018 Formal launch of the TradeLens January 2018 Beta release of the platform and launch of Early Adopter Program; trials underway

  5. Introduction GLOBAL TRADE IS HIGHLY INEFFICIENT AND BURDENED BY PAPER-BASED PROCESSES Data trapped in organizational silos Information is held in paper and various digital formats across dozens of service providers along the supply chain, requiring complex, cumbersome, and costly peer-to-peer messaging. The result is inconsistent information across organizational boundaries, latency in obtaining shipment visibility, and blind spots that hinder the efficient flow of goods. Manual, time-consuming, paper-based processes The collection and processing of up-to-date data, as well as inefficient trade document exchange, requires manual checks and frequent follow-ups and results in errors, delays and high compliance costs. Late filings are common due to missing information. Clearance takes too long and is often subject to fraud Risk assessments by customs authorities lack sufficient and trusted information resulting in high inspection rates, added prevention measures against fraud and forgery, and delayed customs clearance. High costs and poor customer service These challenges have significant downstream repercussions. The inability to forecast and plan effectively, address supply chain disruptions in near real-time, and share trusted information across the supply chain leads to excessive safety stock inventory, high administrative costs, operational challenges, and ultimately poor customer service.

  6. Introduction DIGITIZE THE GLOBAL SUPPLY CHAIN OUR MISSION Connect the ecosystem  Bring together all parties in the supply chain - including shippers, freight forwarders, intermodal operators, ports and terminals, ocean carriers, customs and other government authorities, and others - onto a blockchain-based platform with a secure permission and identity framework. Drive true information sharing  TRADELENS IS BUILT ON AN OPEN TECHNOLOGY STACK AND IS UNDERPINNED BY BLOCKCHAIN TECHNOLOGY Provide for the seamless, secure sharing of near real-time, actionable supply chain information across all parties to a trade - encompassing shipping milestones, cargo details, trade documents, the structured data embedded in trade documents, customs filings, sensor readings, and more. Foster collaboration and trust Enable the digitization and automation of the cross-organization business processes integral to global trade, including import and export clearance, with blockchain ensuring secure, auditable, and non-repudiable transactions. Spur innovation  Lay the foundation for ongoing improvement and innovation through an open, publicly -available API, the use of standards and promotion of interoperability, and the launch of an Application Marketplace that parties can use to build and deploy TradeLens-powered applications for themselves, their partners, and their customers

  7. Introduction THE TRADELENS COLLABORATION Network Members TradeLens Clients Network Members provide and gain access to end-to-end supply chain information. Network Members include ocean carriers, ports and terminals, NVOCCs, customs and government authorities, intermodal operators, data providers and other logistics providers. TradeLens Clients are the primary consumers and beneficiaries of the platform. TradeLens Clients include shippers/BCOs such as manufacturers and retailers, as well as 3PLs, financial institutions, and others. ECOSYSTEM TECHNOLOGY IBM and Maersk GTD Marketplace Partners IBM and Maersk GTD* are developing, operating, and supporting the platform under a joint collaboration; the TradeLens Advisory Board will help shape the platform and establish open standards. Marketplace Partners offer value added services to the ecosystem through a TradeLens Application Marketplace. The marketplace consists of TradeLens offerings, offerings from Network Members and Clients, and offerings from third parties. * Maersk GTD is the subsidiary of A. P. Moller Maersk responsible for TradeLens

  8. Introduction Customs & Authorities Ports & Terminals Ports & Terminals Customs & Authorities BCO 3PL Drayage Carriers Drayage 3PL BCO SHIPPING MILESTONES AND SHIPMENT DATA* Start consignment tracking (booking confirmed) Empty container Gate-Out from depot Container stuffing completed at inland location Gate-in Full at export terminal (planned/estimated/actual) Container selected for inspection Container Loaded onboard on Vessel Vessel departure (planned/estimated/actual) Vessel arrival (planned/estimated/actual) Discharged at import terminal (planned/estimated/actual) Gate Out full container planned/estimated/actual) Discharged from Truck planned/estimated/actual) Empty container Gate-in at destination terminal Customer Release Carrier release Import Customs release Container stripped STRUCTURED AND UNSTRUCTURED  DOCUMENTS* Packing List Original Bill of Lading Non-Negotiable Bill of Lading Advance Declaration Pre-Paid Invoice Certificate of Origin Shipping Instructions Importer Security Filing Cargo Specific Certificate Customs Clearance Commercial Invoice Export Documentation Import Documentation TRADELENS BLOCKCHAIN BUSINESS NETWORK * Note: representative sample only of the data on the platform

  9. Introduction THE TRADELENS SOLUTION ECOSYSTEM The foundation of TradeLens is its business network — shippers, freight forwarders, ports and terminals, ocean carriers, intermodal operators, government authorities, customs brokers and more. Each entity shares information that can be tracked, stored and actioned across the platform throughout a shipment’s journey. PLATFORM The TradeLens Platform is accessible via an open API and brings together the ecosystem through a set of open standards. Powered by Hyperledger Fabric blockchain technology and IBM Cloud, the platform enables the industry to share information and collaborate securely. MARKETPLACE An open Applications and Services Marketplace allows both TradeLens and third parties to publish fit-for-purpose services atop the TradeLens platform, fostering supply chain innovation and value creation.

  10. Introduction MARKETPLACE TradeLens has released and is developing a range of applications that sit on top of and leverage the platform. The TradeLens Marketplace is a channel for developing, selling and distributing authorized applications by third-parties as well TradeLens. TradeLens will provide the technical foundation to enable parties to build and deploy applications. Service offerings can also be made available in the marketplace to support ecosystem members. Platform Core Platform Core enables the broad sharing of supply chain data including trade documents across permissioned parties in the TradeLens ecosystem. Clear Way* Clear Way applications automate business processes across TradeLens participants by employing workflow technology and blockchain smart contracts. Third Party Applications* Other TradeLens Applications* First-party applications for purposes such as reporting, analytics and business intelligence, and trade finance and insurance. Third-parties can develop, sell and distribute authorized applications that leverage TradeLens. * Currently on the TradeLens roadmap and not available today as officially released and supported products

  11. THE TRADELENS ECOSYSTEM

  12. The TradeLens Ecosystem ECOSYSTEM PARTICIPANTS NETWORK MEMBERS TRADELENS CLIENTS Ocean Carriers / NVOCCs Shippers/BCOs Provide the transportation plan, information about the status of shipments across the ocean leg, and critical documents such as the BoL; access end-to-end supply chain data in near real-time including events directly from shipper, intermodal, customs and 3PLs Engage with the platform as a consumer of shipping information to improve supply chain management, as a means to collaborate with supply chain partners, and as a way to streamline clearance Freight Forwarders / 3PLs Ports / Terminal Operators Engage with the platform as a consumer of shipping information, a means to collaborate with customers and supply chain partners, and a way to improve customs brokerage capabilities Provide information about the disposition of cargo within the boundaries of the port/terminal; access near real-time information to enrich port collaboration and improve terminal planning Financial Services Intermodal Operators Engage with the platform as a consumer of supply chain information for a variety of trade finance, insurance, and other purposes to reduce the risk of fraud and increase speed and flexibility to customers Provide transportation plans and information on the disposition of shipments carried on trucks, rail, barges, etc.; improve planning and utilization of assets given near real-time access to end-to-end supply chain events for shipments Government Authorities Provide information about the export and import clearance status for shipments into and out of the country; access end-to-end supply chain information for improved customs clearance and risk assessments

  13. The TradeLens Ecosystem ECOSYSTEM DATA Foundational data TRADELENS The core data and documents to track and manage shipments end-to-end Projected 48% of global container shipping volume Vast number of trade lanes covered 20+ Million containers per year today Forwarders/ NVOs Clients/ BCOs Ocean Carriers* (others) Ocean Carriers (Network Members) 500M Events per year 5M Documents per year These numbers are estimated to double with the recent addition of new global ocean carriers to the network Enrichment data Supplements foundational data, in near real-time and direct from the source Rapidly growing network Extensive port/terminal coverage Intermodal Authorities Terminals * Ocean carriers who are not Network Members can provide data as requested by their customers

  14. The TradeLens Ecosystem The ocean leg is at the heart of a container shipment journey, and as such carriers are the linchpin of the end-to-end information model by providing the booking that links all parts of the journey Given the central role that carriers play today in safeguarding and distributing key information and documents across parties to a shipment, they are in a unique position to govern the blockchain network that will transform the industry’s information sharing model TradeLens is currently in partnership with 15 global ocean carriers* OCEAN CARRIERS DATA ON 60% OF GLOBAL CONTAINER SHIPPING VOLUME BY YEAR END 2019 • CMA CGM and MSC have agreed to join TradeLens; final membership pending. Speak with your TradeLens representative for a report on current onboarding status.

  15. The TradeLens Ecosystem Third-party logistics providers (3PLs) and Freight Forwarders are central to the global movement of goods. As a solution designed for the entire supply chain industry, TradeLens is focused on maximizing the value of these participants by: Improving collaboration with their customers by leveraging global standards and nuanced data control Tangibly bringing together the commercial, documentary and operational elements of supply chain management. Intermodal operators handling their customers’ cargo want more visibility up and down the supply chain so they can act fast and lower the cost of every shipment. TradeLens provides trustworthy data that helps them to predict and optimize equipment utilization, speed up pick-ups and drop-offs and reduce queueing times. 3PL AND INTERMODAL • This list of 3PLs and intermodal operators is not exhaustive. Speak with your TradeLens representative for a complete list, along with current onboarding status.

  16. The TradeLens Ecosystem Authorities and agents in charge of the import and export of goods want powerful new tools to help them simply and clearly identify risks and efficiently process huge volumes of trade that cross their borders. TradeLens is working with authorities from 12 countries to deliver better information sharing, less manual paperwork, and easier connections to national single window platforms. GOVERNMENT AUTHORITIES Australia Home Affairs Bahrain Customs Canada Customs Dutch Customs Dutch Customs Azerbaijan Customs Abu Dhabi Customs Ghana/GCNET Thailand Customs Saudi Arabia Customs Peru Customs Singapore Customs • This list of authorities is not exhaustive. Speak with your TradeLens representative for a complete list, along with current onboarding status.

  17. The TradeLens Ecosystem PORTS AND TERMINALS

  18. The TradeLens Ecosystem Coverage across 6 continents 61 ports and terminals directly integrated in to TradeLens Data from up to 600 ports and terminals captured by existing TradeLens members THE TRADELENS PORT AND TERMINAL NETWORK Ports and terminals directly integrated with TradeLens Ports and terminals contributing data via carriers to TradeLens Interactive map of TradeLens port and terminal network: https://www.tradelens.com/ecosystem/

  19. USE CASE:SHIPPER

  20. TradeLens In Action A consignee contacts you and asks whether their container made the departure cut off and is onboard the vessel. Today, the process of confirming the status of the consignee’s shipment can be cumbersome and time-consuming. Now let’s see how TradeLens helps you help your customer: Download full use case CUSTOMER EXPERIENCE TODAY WITH TRADELENS 1. 1. Your in-house system—using TradeLens APIs—indicates the carrier has not yet confirmed ‘gate in’ but the port authority has confirmed the container has ‘gated in for export’ and is loaded on the vessel. No changes to estimated or planned events have been published. Email from customer arrives asking whether their container made it aboard as planned. Customer service rep replies, “let me check that for you,” and checks the in-house system: It does not show a ‘gate-in for export’ event. 2. Your customer service rep replies, “I haven’t heard that it didn’t make the cut off, but I’d like to check and, I’ll get back to you shortly.” 2. Customer service rep replies, “your container is loaded on board and on schedule. Would you like to review the packing list and commercial invoice? I can see they are available.” 3. Your customer service rep checks web sites but can’t find a ‘gate-in,’ then checks with various offices and agent and waits for an overnight email. 4. Email update (one of a hundred similar) is received overnight, but workload means further delay in sharing the confirmation with the consignee: The container was loaded as planned.

  21. Introduction MORE INFORMATION JOINING TRADELENS TradeLens is available today for both TradeLens Clients and Network Members TradeLens Clients can get up and running quickly and gain access to share trade documents and near real-time, high-fidelity shipping milestones across parties via the TradeLens web app or by consuming and publishing data via API Network Members provide data, and can get access to data, according to the published TradeLens Data Sharing Specification Interested participants should contact their local IBM or Maersk sales representatives TRADELENS ONLINE Visit us at www.tradelens.comfor more information If you would like to get in contact, please provide your details here

  22. THANK YOU

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