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 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.