Customs
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.
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