OnePort Signs Agreement to Integrate Their Smart Port Solution with eCOM’s Trusted Data Network Service

Hong Kong, December 16, 2019:  eCOM Asia Ltd (eCOM), a B2B company focused on building data infrastructures to facilitate global trade, has entered into an agreement with OnePort Ltd (OnePort), the Port Community Systems operator for Hong Kong, to integrate its “Smart Port” solutions with eCOM’s Blockchain based Trusted Data Network service, the “eCOM Registry”.

OnePort’s “Smart Port” solutions focuses on servicing the port community to drive efficiency across Hong Kong Terminals.  The “Electronic Release Order (eRO)” service removes paper and manual processes from Import Container handling and brings together the Shipping Lines, Terminals, Forwarders, Consignees, and Trucking companies on to a common platform for them to be able to collaborate. The integration of the eRO service with the eCOM Registry will add validation and Trust to the digital documents exchanged on the platform and facilitate secure sharing of valuable trade data with other port community participants.

Both parties are also investigating the integration of OnePort’s “Electronic Terminal Receipt (eTR)” and “Common Barge Platform (CBP)” services with the eCOM Registry to enable Trust of the Trade Documents exchanged with the goal of leveraging this validated data to empower its port community access towards Trade Finance.

“Our Smart Port solutions facilitate the exchange of data in parallel with the physical movement of goods in and out of the Terminals, but the data access is limited to the service users.  We want to take this “dead” data and make it “alive” so all port community members can benefit.  By leveraging the eCOM Registry, we can provide secure access to validated and trusted data while maintaining control and ownership at all times for those who own their data”, said Philip Ho, CEO of OnePort.

Horace Mak, the Managing Director of eCOM, also mentioned that “eCOM has been OnePort’s B2B providers for many years and we are excited to collaborate with them on the next generation of B2B, leveraging Blockchain with our eCOM Registry”.

OnePort CEO, Philip Ho and eCOM Managing Director, Horace Mak

The eCOM Registry is a Trusted Data Network to enable the secure exchange of data across a community.  It is built on Distributed Ledger Technology (DLT – Blockchain), utilizing Distributed Data (data is not centralized, but remains securely within the enterprise) and Distributed Access Control (only data owners can grant access to share their data).  Data can be “Trusted’ through the eCOM Registry because its hash and metadata are digitally signed by the creator/owner on their respective enterprise platforms (not by the eCOM Registry).  This signed data is what is written onto the eCOM Registry Blockchain so other community members can discover validated and trusted data, request, and/or be granted access by the data owners.