U.S. Customs and Border Protection (CBP) plans to use blockchain technology for verification observance rules agreement about free trade of NAFTA and authenticity certificates of CAFTA.
The USA, Canada and Mexico, is included in North American Free Trade Agreement (NAFTA) zone. An agreement about free trade of CAFTA unites the black Friar republic and five states of Central America.
Director on transformation of the business and innovations of CBP Vincent Annunziato reported that the “field tests” blockchain platforms would begin in September. Her task – to confirm that the imported products are produced wherein it is declared.
In addition, the system will allow to the agency to check up other information about the imported products, she also can be used for authentication of trademarks and verification of physical properties commodity.
In too time the new system will accelerate technological height of CBP, because will be used mainly in an electronic kind, that eliminates a necessity in printing to information on a paper. In CBP hope that application blockchain technology will help in the end to give up paperwork. As an example Annunziato brought verification over authenticity and physical properties of the brought in bag of Louis Vuitton. On a blockchain platforms, as he said, it is possible quickly on demand to get data, for example, where she is sewn together and what must be color.
In principle, all this information is contained in a 150-paginal document, accompanying a commodity. But searching her is necessary by hand, a representative CBP marked.
We will remind, before Ministry of national safety the USA distinguished an underback to the startup of Factom on beta-testing possibility providing safety of the data of CBP, collected by an apparatus on a supervision, such as chambers and touch-controls, by means blockchain technology.