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Class 1 Exam Q&A : 2022/AUG/01
Question
Q1. Maritime industries have taken several initiatives to explore new digital technologies and "Blockchain Technology" is one of such initiatives. With brief introduction on the principles of Blockchain, explain the following:-
a) Advantages of using the distributive ledger technology in the shipping industry.
b) Challenges in implementation of Blockchain in Maritime Sector.
c) How can Blockchain move the shipping industry toward sustainability.
Asked in Year/Month/Ques No.