AMBITION
The Danish Maritime Authorities sought to implement a new digital ship registry as part of the agency’ move from paper-based vessel documents to a coherent digital process. However the new system met resistance from the shipping industry that knew and trusted the valuable proofs-of-ownership and mortgage documentation. This created a need for a best-in-class security model and ability to proof the authenticity of the digital version of documents related to trading and registration of vessels.
SOLUTION
Deloittes NextGen Team has had the honor to work with the Danish Maritime Authorities to deliver on three fronts. Firstly to develop a blockchain proof-of-concept to show how multiple ledgers, placed among a handful of ship registries from other jurisdictions could function together to increase the security and authenticity of relevant, digital, ship registry documentation. Secondly, to conduct a legal analysis to understand data privacy implications of using a blockchain solution, namely in relation to key principles of the GDPR. Thirdly, to create a blockchain consortium roadmap and strategy.
IMPACT
The solution showed how an added layer of security as part of the Danish Maritime Authorities forthcoming digital ship registry system could be achieved. Furthermore the project initiated a collective effort among selected maritime authorities to explore new data and blockchain-related intergovernmental use cases, to enhance their digital public services and support to the global maritime industry.
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