LogChain, a leader in trade digitalisation, has been selected to join the IBM Z ScaleUp Program, marking a significant step in transforming global trade. With IBM’s advanced technology and secure cloud infrastructure, LogChain aims to enhance supply chain efficiency, security, and sustainability across industries.
Building on its track record of innovation—including delivering the world’s first fully digitalised goods shipment—LogChain’s participation in the program reinforces its commitment to addressing critical challenges in industries like semiconductors, where secure and efficient trade is vital.
This collaboration highlights the potential of digitalisation to revolutionise trade processes, reducing shipment times, cutting paperwork, and empowering businesses to scale sustainably.
Singapore:
LogChain, a pioneer in trade digitalisation, is proud to announce its inclusion
in the prestigious IBM Z ScaleUp Program — an achievement reserved for only the
most innovative and impactful scale-ups worldwide. Following a rigorous vetting
and interview process, LogChain has been recognised as a standout in the
logistics sector, joining a select group of companies empowered to leverage
IBM’s cutting-edge technology.
This collaboration solidifies LogChain’s status as a global
innovator, enabling the integration of IBM’s advanced AI tools, IBM Cloud
Credits, and IBM Hyper Protect technology. These resources are pivotal for
safeguarding sensitive data, driving efficiency, and championing sustainability
in international trade. For LogChain, being part of the IBM Z ScaleUp Program
is a validation of its mission to transform global logistics.
Why This Collaboration Matters
The LogChain-IBM collaboration
delivers transformative value to the logistics and supply chain industry by:
Streamlining
Efficiency and Scalability: Combining LogChain’s platform with IBM’s
AI-driven and Hyper Protect solutions to streamline trade processes and reduce
shipment times by up to 40% in a hyper-secure way. Building Resilient and Secure Trade Ecosystems: Leveraging IBM’s
advanced quantum-safe encryption to protect sensitive data, ensuring trust and
traceability in critical industries like semiconductors.
Driving Sustainable
Digital Transformation: With digital trade capable of unlocking $40 billion
in new opportunities and saving $6.5 billion globally, this initiative equips
businesses with tools to scale digitalisation while reducing environmental
impact.
“Our inclusion in the IBM Z ScaleUp
Program builds on LogChain’s proven track record, including delivering the
world’s first fully digitalised goods shipment—a transformative milestone in
global trade. This collaboration, powered by IBM’s cutting-edge technology,
enhances our ability to provide even more robust, secure, and scalable
solutions, addressing critical challenges in trade digitalisation. We are
focused on delivering real value to stakeholders to demonstrate that trade
digitalisation is not just a concept but a proven path to efficiency and
sustainability.”
– Andie
McKeown, Co-Founder and CEO of LogChain.
Accelerating Trade Transformation
LogChain’s inclusion in the program
follows its groundbreaking milestones in trade digitalisation:
World’s
First Fully Digitalised Goods Shipment: Recognised by the UK government as
a “Billion-pound Brexit boost,” this achievement sets a new standard for
efficiency and innovation. Read the press release here.
Trade
Digitalisation Pilots (TDP): Demonstrated interoperability, environmental
sustainability, and significant efficiency improvements resulting in an 89%
decrease in paperwork, and a 67% boost in productivity during pilot programs.
Read the full report here.
Strategic
Semiconductor TDP (SS TDP): Tackling the complexities of the semiconductor
supply chain with solutions that enhance trust, reduce inefficiencies, and
improve traceability. Learn more about it here.
About
LogChain
LogChain redefines trade standards by delivering secure,
efficient, and environmentally sustainable solutions to global supply chains.
Recognised for achieving the world’s first fully digitalised goods shipment,
LogChain partners with private enterprises, public institutions, and
international organisations to build a more connected and sustainable trade
ecosystem. For more information, visit thelogchain.com.
About IBM Z ScaleUp Program
The
IBM Z ScaleUp Program is an AI + IBM Hyper Protect program for scaleups that
includes IBM Cloud Credits. It is a global technology and business-scaling
program, with technical mentorship by IBM experts, and is run by IBM Z. The
program has over 5 years of success stories working with companies from all
around the world, working on tech-for-good projects, with diverse teams. The
technology involved is powered by IBM Z. This includes IBM Hyper Protect (for
industry leading security on the cloud or on-prem) and a suite of powerful AI
services that are highly trusted and ethical. Note: the program used to be
called the IBM Hyper Protect Accelerator.
Applications are open year-round at ibm.biz/ibmzscaleup
This press release has also been published on VRITIMES