Open Customs Blockchain: The missing piece to unlocking the broad application of distributed ledger technology for Customs?
16-06-2023
Digitalization has simplified Customs clearance in many areas, especially in the declaration of imports and exports. However, various data discontinuities and queries unnecessarily delay cross-border
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process flows. A group of major logistics companies, software providers and researchers is driving an initiative which could change this. Called the “Open Customs Blockchain”, it focuses on developing and applying blockchain technology for the exchange of key Customs data in foreign trade.
Open Logistics Foundation