TradeLens is a blockchain-enabled platform designed to streamline operations and enhance transparency in the global shipping and logistics industry. Developed jointly by IBM and Maersk, TradeLens seeks to reduce administrative burdens, combat fraud, and foster collaboration among stakeholders in maritime trade (IBM, 2020). This article delves into how TradeLens impacts its global market, focusing on financial, CSR, and ESG aspects, as well as the effect on the parent companies behind it.

Everledger is a blockchain-based platform that aims to revolutionize provenance tracking and asset authenticity in various industries. It first gained prominence by tracing the provenance of diamonds, ensuring ethical sourcing, and combating fraud. This article examines Everledger’s role in its global market, highlighting financial impacts, corporate social responsibility (CSR), and environmental, social, and governance (ESG) contributions.

Halal certification ensures that products and services comply with Islamic law, which is essential for Muslim consumers and businesses aiming to enter the global Halal market (Halal Industry Development Corporation [HDC], 2020). Despite its significance, the Halal certification process faces several basic issues and inefficiencies that require solutions to enhance its effectiveness and reliability (International Halal Accreditation Forum [IHAF], 2018).

Determining the exact annual cost of the issues and inefficiencies in the Halal certification process to the global Halal market is challenging due to limited comprehensive data. However, using the best available information, industry experts estimate that these inefficiencies result in significant financial losses annually.