IP Rights Blockchain Test Getting Heavy Industry Interest, Says CBP

Industry is very interested in participating in the next blockchain proof of concept involving intellectual property rights, said Vincent Annunziato, director of Customs and Border Protection’s Business Transformation and Innovation Division, at CBP's Commercial Customs Operations Advisory Committee’s Thursday meeting. “We are almost 100 percent definite with moving forward” soon with the IP rights piece, he said. “We’re hearing now that we're having about 70 people that want to come and participate.” CBP is working with parent agency Department of Homeland Security on a test of “verifiable credentials” that uses “third-party verification through consensus to prove somebody is who they say they are.”