A new blockchain system now enables the freight time from China to Europe to be reduced. Before that, the time-consuming logistical document checks meant it had taken a whole month to deliver goods from China to Europe. Thanks to the new system – only a few days left. Waybills and documents had to be checked again at every border crossing, so the China-Europe freighter made around 200 trips in its first 3 months. Blockchain technology provides a reliable platform for storing and tracking trade data and increases journeys to 200 in just 2 months thanks to the digital insight into the data in real time. The reduced freight time also improves the financing options for smaller foreign trade companies.