back to article Singapore, Australia successfully trial blockchain-greased customs system

Singapore and Australia have trialled – and quite liked – blockchain as a means of verifying the Certificates of Origin (COO) that document international trade. COOs are documents that describe the origins of goods and are issued by governments or authorised agencies. Exporting nations issue COOs and importing nations rely on …

  1. NetBlackOps

    Now this is a use for blockchain that actually improves the process. I wouldn't be surprised if this spread farther into document exchanges.

    1. Joe W Silver badge

      Yes. Blockchains verify the integrity of the whole chain. A chain of trust. A bit like certificates and trust chains there, but by design more reliable (one hopes).

      On the other hand, if customs are a hassle, maybe we can get politicians to remove more borders...

  2. Anonymous Coward
    Anonymous Coward


    Customs used to use EDI a lot. Ripped it out mostly in 2005 IIRC.

  3. HaCo


    Who runs this 'blockchain'? Is it just a private one run by one or two entities? Just another instance of a classic, simple database being overhyped as a 'blockchain' - this means nothing for the technology and is just a language spin to make people invest

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