But skepticism among shippers remains, crystallized by Andrew Nutting, former director of international logistics at Bob’s Discount Furniture, who started a thread on LinkedIn Friday questioning a report that claimed the solution could reduce “shipping times” by 40 percent. “For argument, let us say the typical transit from [Shanghai] to [Los Angeles] via ocean is 14 days,” Nutting wrote. “Is it the case IBM is saying they will cut this to eight days? This is my biggest criticism of [blockchain] technology, the over-exaggerated claims. Shipping times get cut nearly in half, by having a distributed ledger of data?”
He will burn in hell for that heretical thought.