CBP to Pilot Blockchain Tech Related to NAFTA Certificate of Origin Processes
Customs and Border Protection will launch a two-to-four-week pilot program on blockchain technology this fall related to North American Free Trade Agreement and Central America Free Trade Agreement certificate of origin processes, a CBP spokesman said. CBP needs to reach…
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further back into the supply chain than just the exporter and can "message multiple partners via blockchain at the same time," he said. The agency and the Department of Homeland Security's Science and Technology Directorate will examine how much the blockchain system reduces duplicative data and whether multiple blockchain programs can communicate simultaneously. The pilot also has a goal of evaluating "the usefulness of blockchain for a law enforcement agency," the spokesman said. Advisory committee members (see 1708250025) helped to choose this pilot subject.