Commercial Customs Operations Advisory Committee and Border Protection intends to trial a blockchain-based proof of concept system to track shipments. The agency's US Customs (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 Commercial Customs Operations Advisory Committee.
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.