commodity Customs and Border Protection intends to trial a blockchain - based proof of concept system to track shipment . The agency 's Commercial Customs Operations Advisory Committee ( COAC ) will run a month - long test at the beginning of 2020 called Intellectual Property Rights Proof of Concept , which aims to facilitate and verify shipments through the use of a distributed ledger . The project originates from the COAC 's next generation facilitation subcommittee , which investigates ways of improving trade and commerce within US Customs .
US Customs and Border Protection intends to trial a blockchain-based proof of concept system to track shipments. The agency's Commercial Customs Operations Advisory Committee (COAC) will run a month-long test at the end of August called Intellectual Property Rights Proof of Concept, which aims to facilitate and verify shipments through the use of a distributed ledger. The project originates from the COAC's next generation facilitation subcommittee, which investigates methods of improving trade and regulation within US Customs.