A vision of end-to-end digital customs clearance
Customs clearance in foreign trade is a highly regulated area, shaped by national and EU regulations, as well as through various requirements of the respective third countries. The large number of involved international players often do not have a common level of knowledge about the progress of customs clearance and the logistics process. Overall, customs clearance is (still) heavily paper-based.
Blockchain-Technology is able to provide a remedy. The development project BORDER by Blockchain Europe and its development and conceptualizations partners AEB SE and Adient, as well as the Working Group Customs and Blockchain, demonstrate this.
“Due to the numerous parties involved in the customs process, the currently paper-based procedure for the export accompanying document often causes a significant amount of work. This is precisely where our project aims to come in and digitize the export accompanying document throughout the entire process.”
Dr. Ulrich Lison | Foreign Trade Expert and Member of the AEB – Board of Directors
“In foreign trade, it is not (yet) possible to go completely without paper. Additionally, there is a information asymmetry between customs authorities and supply chain players. To change that, we’re integrating international customs and logistics processes using blockchain technology.”
Roman Koller | Blockchain Europe
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