The Customs Department of Thailand, an agency under the country's Ministry of Finance, has turned to blockchain platform TradeLens, jointly developed by IBM and Maersk.
The initiative is to modernize trade and support Thailand 4.0 Policy, the department announced Wednesday. TradeLens will provide, "an automatic and immutable tracking tool, which will lead to a more secure, transparent, efficient and simpler workflow," said Patama Chantaruck, managing director of IBM Thailand.
Youredi is for clients who are looking to connect to TradeLens but have limited inhouse resources or knowhow. You now have the option to leverage a provider already experienced with TradeLens integrations.
Cargo being transported can take different routes through logistics networks, within regions and globally. Therefore, the need for the many actors to be digitally connected is needed now more than ever.
CMA CGM and MSC complete TradeLens integration and join as Foundation Carriers working with the IBM and Maersk shipping platform to Improve data sharing across the industry. With two more major shipping leaders actively sharing information, data on nearly half of the world's ocean container cargo is now available on a single blockchain-based data platform.
Explore how TradeLens is shaping the future of global trade. Learn how TradeLens can benefit you by clicking on the information below.
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