BEIJING: On December 2, the licensing ceremony for the second group of institutions listed into the Group Open Innovation (GOI) plan in Pudong New Area was held at China Financial Information Center. COSCO SHIPPING Technology Intelligent Shipping Innovation Center was successfully selected for the program.

As one of the second batch of GOI centers selected by Pudong New Area, COSCO SHIPPING Technology Intelligent Shipping Innovation Center has set up joint laboratories and experimental bases since its establishment in June 2018, with a multitude of award-winning innovation achievements.

In the next three years, the center will focus on research and development work in the fields of data analysis based on all shipping elements, industrial big data analysis based on Internet of Things (IoT) technology, and business collaborations between port and carrier supply chains based on blockchain smart contracts. It is expected to empower more than 100 shipping and related enterprises, achieving integrated development and collaborative innovation together with Pudong-based SMEs from various domains.