CBP Blockchain Integration Testing Underway
Customs and Border Protection is "conducting integration testing to prove compatibility of a blockchain platform with multiple partner systems," said an update from the emerging technologies working group ahead of the Oct. 3 Commercial Customs Operations Advisory Committee meeting. CBP…
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began an initial "proof of concept" in September (see 1808210012) as the agency considers the potential for the distributed ledger technology. Portions of the North American Free Trade Agreement-Central America Free Trade Agreement "import process, specifically verification of intellectual property and relationships between licensees and licensors, have been identified as good candidates for improvement if a transition to a more digitized, decentralized system is undertaken," it said.