However, Maersk has now posted a notice on its website saying the TradeLens team is taking action to withdraw the offering and discontinue the platform, which is expected to go offline by the end of Q1 2023."TradeLens was founded on the bold vision to make a leap in global supply chain digitization as an open and neutral industry platform," Maersk's head of Business Platforms Rotem Hershko said in a statement.TradeLens is understood to have started out as separate initiatives at Maersk and IBM, with both organizations seeking to streamline global supply chains by digitizing the exchange of information in the shipping industry.According to the paper, the TradeLens revenue model was a mix of free-of-charge offerings and subscriptions, plus transaction fees, with an initial fee used for the business case calculations within Maersk and IBM of $25 per container per journey.- New York cracks down on carbon fuel-based crypto-mining operations- Decentralized IPFS networks forming the 'hotbed of phishing'- Crowdfunding platform Kickstarter planning move to blockchain."