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The former president also ranted of completely stifling operations inside massive loss to the industry, those competing to either ban.

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One of the possible reasons for TradeLens demise is that they choose to ignore them and came up with their own data structures (Json) i.e. A.P. Moller - Maersk (Maersk) and IBM today announced the decision to withdraw the TradeLens offerings and discontinue the platform. Enterprise blockchain efforts took a high-profile hit this month as TradeLens, a blockchain system developed by A.P. Moller � Maersk (Maersk).

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But then, when he pitched the idea to three letter logistic giant, he was thrown out from the board room because any decentralised network would kill the edge large logistics companies have. Cryptocurrency still works for some value of works because it's self-contained, but as soon as you need to track anything in the real world you run into the oracle problem: how can you trust that what the blockchain says about the world is correct? As a decentralised marketplace for a given resource. Block times on Ethereum were already very long compared to other Ethereum-alike blockchains, to reduce the impact of mining processing on throughput i. Both the reader and the writer are left in this nebulous liminal space of perpetual standoff with no one able to make a move.

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