Last week Saudi Customs
announced it had integrated its EDI system FASAH with IBM and Maersk’s TradeLens blockchain platform. FASAH aims to enable data exchange between the Saudi Customs department and importers and exporters. In August TradeLens, the platform for digitizing the global supply chain
went live. Like many blockchain projects initially, the platform had limited early access but became commercially available in early December.
Saudi Customs envisages TradeLens helping to address multiple challenges. Firstly, the existing technology lacks scalability, completeness and maturity according to the Saudi Customs press release. Secondly, there’s the business challenge of getting ecosystem participants and competitors to cooperate. And a side effect of this is a lack of data interoperability.
As an early adopter, Saudi Customs wants to educate and experiment and potentially look at preparing to migrate to blockchain. However, it stated it was currently “testing” the use of blockchain.
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