Jordan Customs uses blockchain technology to manage the supply chain
The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles
Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles
Answer Jordan Customs uses blockchain technology to manage the supply chain
On December 16, the Jordan Customs Department announced a trial of the “TradeLens” blockchain platform.
The platform is a joint initiative between IBM and Maersk.
Under the agreement, a pilot area will be established at the Aqaba Customs Center to transport goods through the Aqaba Container Terminal using the TradeLens platform.
The Customs Department aims to take advantage of a blockchain solution to simplify the exchange of goods, automate documents and increase cooperation and communication between the parties to the process.
Abdul Majeed Al-Rahma, Director General of Customs, said:
The ministry has adopted several development projects to boost trade in the country and reduce smuggling and fraud in international trade.
Read:BitMEX prepares to launch Bitcoin-based “fixed income” products
Stephen Yogalingam, CEO of Aqaba Container Terminal, said:
TradeLens will help bring greater clarity, predictability, and security to Jordan’s single national window and will be a real asset for facilitating trade and transportation, making Jordan the preferred transportation and logistics gateway in the Levant.
Aqaba Container Terminal is the only container port in Jordan and is operated by the Aqaba Development Company and APM Terminals.
Maersk owns APM Terminals, which is also a member of the TradeLens platform.
TradeLens is trying to digitize the shipping industry to enable transparency.
The platform integrates IoT devices to monitor the temperature, weight and location of containers.
The platform includes as members five of the top six companies in ocean transportation:
“Maersk, Hapag-Lloyd, Ocean Network Express, MSC and CMA-CGM”.
Mike White, CEO of Maersk GTD said:
Realizing the benefits of digital supply chain authentication and data integration with government agencies, logistics providers, shippers, terminal operators and carriers is fundamental to TradeLens’ vision of a more connected global supply chain.
Among other initiatives in the Middle East, Saudi Customs conducted a trial of transferring a shipment from Saudi Arabia to Rotterdam via the TradeLens blockchain platform.
Read:Study: Nearly 40% of young Spaniards are considering investing in cryptocurrency
Saudi Customs praises blockchain technology and its vital role in developing the shipping sector
A few months ago, the Thai Customs Service also subscribed to TradeLens.
Meanwhile, the Global Shipping Business Network (GSBN) is another consortium in the sector, which includes five of the top ten container carriers.
Read also:
How does blockchain technology affect central banks and urge them to issue digital currencies?
And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time
