An advisory committee to the U.S. Customs and Border Protection (CBP) is gearing up to research the application of blockchain to the agency’s trade functions, public documents show.
A summary report published earlier this week offers details on the group, formed in September by the Commercial Customs Operations Advisory Committee (COAC). The body, according to the CBP’s website, advises the Secretaries of the U.S. Treasury and the Department of Homeland Security on the commercial operations of the CBP.
Though the working group is focused on emerging technologies in general, the report suggests that blockchain will be a major focus of research moving forward.
Thus far, the advisory panel has identified a number of possible use cases for the technology, with the report explaining: […]
Read Full: US Customs and Border Patrol Advisors Form Blockchain Research Effort – CoinDesk
