A Customs Entry – 1790 Philadelphia – Is It Any Different from Today’s Transactional Process?

The tech development landscape is rife with unrealized productivity gains when there is an unwillingness or lack of awareness on potential to revamp archaic processes.  I know this from talking to a number of developers over the last several years. Ladies and gentlemen we’re on the cusp of dramatic process improvement, the likes of which we haven’t seen since an…

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Open Source Standards Enable Digitization with Security and Interoperability in Trade

One estimate shows that global container shipping generates 28.5 billion paper documents a year. Yearly, paper bills of lading cost an estimated $11 billion and still only 1.2% of bills of lading were electronic by the end of 2021. Modernizing the trade industry through digitization is just one of the pain points industry stakeholders at large can agree upon. Simply…

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CBP Goals & Objectives for Blockchain Technology – (updated 3/17/2021)

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Blockchain TechnologyBlockchain is a digital ledger that provides a secure, tamperproof and permanent record of transactions. CBP believes this technology has the potential to become a major component in the supply chain for the movement of goods and facilitation of entry into the United States. As projects are developed to assess the application of blockchain technologies, CBP focuses on these…

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CBP Making Significant Strides Towards Modernization

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On today's COAC call (3/17/2021) CBP highlighted two significant initiatives:   Legislative Reform Formally announced formation of a joint industry group - to be called the 21st Century Task Force.  The effort now being launched is to refine the 'legislative package' to address all the modernization barriers and eliminate outdated requirements to provide sufficient flexibility to achieve desired automation.  …

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