Remember that blockchain-based ship inspection management platform ICONLOOP was building?

Well, ICONLOOP announced Friday the launch of full-scale service.

The platform is one of several trial blockchain projects for 2021 led by the Ministry of Science and ICT and Korea Internet & Security Agency (KISA).

The blockchain-based service allows the Korea Communications Agency (KCA), Central Radio Management Service and National Federation of Fisheries Cooperatives to transparently share shipboard radio permits and inspection results.

Thanks to ICONLOOP’s blockchain technology, you can’t tamper with the inspection records. And by systematically tying together inspection data previously dispersed among several organizations, inspectors can check ship inspection records in real time.

Moreover, the system issues ship data as non-fungible tokens, or NFTs. These can later be used during boat sales, insurance and other transactions.

You need to register with this mobile app by the National Federation of Fisheries Cooperatives to use the service. Through the app, you can issue NFTs and, later, issue shipboard radio permits and radio inspect certificates.

Ship owners can use the app to remind them when they need to get their ships inspected and confirm inspection results.

ICONLOOP skipper J.H. Kim said more institutions are taking part in the project after recognizing the potential of blockchain, and that ICONLOOP would do it’s best to make life much more convenient for ship owners and inspectors.

To mark the launch of service, ICONLOOP is giving away KRW 50,000 fuel certificates by lucky draw to ship owners who issue NFTs through the the National Federation of Fisheries Cooperatives’s mobile app, which is available for both Android and iOS.