Taiwan Customs Launches World's First Blockchain-Enabled Cross B
「Taiwan Customs Launches World's First Blockchain-Enabled Cross B」於資料集「Customs Administration news and events」由單位「財政部關務署」的羅 先生所提供，聯繫電話是02-25505500#2330，最近更新時間為：2021-09-27 11:08:33。 欄位title的內容是Taiwan Customs Launches World's First Blockchain-Enabled Cross Border Digital Trade Platform ， 欄位description的內容是 Taiwan Customs Administration, Ministry of Finance announced the world’s first achievement in establishing a blockchain-enabled platform for cross border digital trade with daily live transactions. This innovative pilot project was initiated earlier this year, in particularly for the Free Trade Agreement (FTA) transactions between Singapore and Taiwan as well as between New Zealand and Taiwan. 新聞稿聯絡人：林彥伸 專員
The cross border blockchain platform facilitates secure and seamless paperless transactions, allowing exporters and importers to exchange their international trading documents online, such as declaration of origin, commercial invoice, and packing list.
Through collaborations with Singapore and New Zealand, traders, logistic firms, and government agencies are allowed to transmit and verify trading documents via the cross border blockchain platform, which will not only reduce trade-related costs but also enhance trade efficiency. This innovative scheme will prove to be another endeavor of Taiwan Customs to build a friendly customs clearance environment for the entire trade community.
Hsieh, Ling-Yuan, Director General of Taiwan Customs Administration, indicates that the cross border blockchain platform for digital trade is a continuous effort of Taiwan Customs to enhance our international trading competitive edge, “Our collaborations with Singapore and New Zealand on cross border blockchain are aimed to improve the efficiency of FTA cargoes, while deepening the relationship with our FTA partners. We would like to express our gratitude to Trade-Van Information Services Co. and their partners of Pan-Asian E-Commerce Alliance (PAA), namely CrimsonLogic and TradeWindow, for providing the blockchain technology and their efforts in cross-chain interoperability.”
With some regional supply chains disrupted by Covid-19, international traders are looking for ways to remove bottlenecks and speed up trade while maintaining or enhancing safety and security. The pilot user 3M Taiwan Ltd. expressed that the cross border blockchain solution not only helps to reduce time for preparing and transmitting customs clearance document from half day to 5 minutes, but also solves the inconveniences of the Singapore exporters in documentation preparation during the work-from-home period. The other pilot user Zespri also expressed that the cross border blockchain solution helps to shorten the international trade operation time and increase the trust and security in document transmission.
The distributed ledger technology and security mechanism of blockchain can be widely applied to international trade. Due to the source traceability feature of the data on blockchain, the falsification of trade documents can be significantly reduced while the document review process of Customs can be dramatically expedited, which will contribute greatly to customs clearance operation. Customs Administration further indicates that the pilot scheme of the blockchain-enabled cross border trade platform will be continuously expanded to incorporate more countries and firms.
聯絡電話：02-25505500轉 2566
， 欄位link的內容是https://eweb.customs.gov.tw/singlehtml/1867?cntId=cus16_186037_1867 ， 欄位pubDate的內容是Tue, 29 Sep 2020 17:30:00 GMT 。
title
Taiwan Customs Launches World's First Blockchain-Enabled Cross Border Digital Trade Platform
description
Taiwan Customs Administration, Ministry of Finance announced the world’s first achievement in establishing a blockchain-enabled platform for cross border digital trade with daily live transactions. This innovative pilot project was initiated earlier this year, in particularly for the Free Trade Agreement (FTA) transactions between Singapore and Taiwan as well as between New Zealand and Taiwan.
The cross border blockchain platform facilitates secure and seamless paperless transactions, allowing exporters and importers to exchange their international trading documents online, such as declaration of origin, commercial invoice, and packing list.
Through collaborations with Singapore and New Zealand, traders, logistic firms, and government agencies are allowed to transmit and verify trading documents via the cross border blockchain platform, which will not only reduce trade-related costs but also enhance trade efficiency. This innovative scheme will prove to be another endeavor of Taiwan Customs to build a friendly customs clearance environment for the entire trade community.
Hsieh, Ling-Yuan, Director General of Taiwan Customs Administration, indicates that the cross border blockchain platform for digital trade is a continuous effort of Taiwan Customs to enhance our international trading competitive edge, “Our collaborations with Singapore and New Zealand on cross border blockchain are aimed to improve the efficiency of FTA cargoes, while deepening the relationship with our FTA partners. We would like to express our gratitude to Trade-Van Information Services Co. and their partners of Pan-Asian E-Commerce Alliance (PAA), namely CrimsonLogic and TradeWindow, for providing the blockchain technology and their efforts in cross-chain interoperability.”
With some regional supply chains disrupted by Covid-19, international traders are looking for ways to remove bottlenecks and speed up trade while maintaining or enhancing safety and security. The pilot user 3M Taiwan Ltd. expressed that the cross border blockchain solution not only helps to reduce time for preparing and transmitting customs clearance document from half day to 5 minutes, but also solves the inconveniences of the Singapore exporters in documentation preparation during the work-from-home period. The other pilot user Zespri also expressed that the cross border blockchain solution helps to shorten the international trade operation time and increase the trust and security in document transmission.
The distributed ledger technology and security mechanism of blockchain can be widely applied to international trade. Due to the source traceability feature of the data on blockchain, the falsification of trade documents can be significantly reduced while the document review process of Customs can be dramatically expedited, which will contribute greatly to customs clearance operation. Customs Administration further indicates that the pilot scheme of the blockchain-enabled cross border trade platform will be continuously expanded to incorporate more countries and firms.
新聞稿聯絡人：林彥伸 專員
聯絡電話：02-25505500轉 2566
pubDate
Tue, 29 Sep 2020 17:30:00 GMT
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