Making Blockchain Real for Business - Trust in Digital Life · Exporters Bank Logistics Providers Export Customs Carrier Port of Entry Import Customs Importers Bank Exporter Port
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1Page© 2017 IBM Corporation
Making Blockchain Real for Business
Introduction
The Blockchain Era
Brussels
June 6th, 2017 © 2017 IBM Corporation
This material cannot be used,
duplicated, distributed without the
prior written authorization of IBM
2Page© 2017 IBM Corporation
3Page© 2017 IBM Corporation
4Page© 2017 IBM Corporation
Trade value chain: government agencies and economic operators
Chamber of Commerce
Exporter
Customs Agency (at Import)
Corresponding Bank
Issuing Bank
Other Government
AgenciesInsurer
Customs Agency (at Export)
Carrier
Port Authority
Agent
Port Operator
3rd party logistics provider
Importer
Bonded Warehouse
Freight Forwarder
Postal Service
Express Operator
Customs softwarevendors
Supra-national agencies
5Page© 2017 IBM Corporation
Simplify peer to peer versions of ICS (entry summary), NCTS (transit),
EMCS (excise suspension)Coordination of intra-community controls
Coordination of national controlsCo-ordinate necessary checks and inspections across all government
agencies
Electronic Licenses, Certificates, Permits Dematerialise certificates (e.g. phytosanitary, certificate of origin)
Authorised Economic Operator & Mutual RecognitionSharing of information collected to grant AEO. Sharing of AEO info as
part of mutual recognition agreements
Candidate blockchain use cases: government to government focus
6Page© 2017 IBM Corporation
Candidate blockchain use cases: wider trade ecosystem
Electronic Transit Carnet Dematerialise paper transit carnets (e.g. eATA)
Global Trade DigitisationEnd-to-end digitisation of supply chain, logistics, trade finance and
regulatory processes
Cross border VAT fraud Detect international missing trader VAT fraud
Collection of Customs Duty by 3rd partiesImprove traceability of Customs Duty collected by 3rd parties (posts,
express, brokers)
Exporters Bank
Logistics Providers
Export Customs
Carrier Port ofEntry
ImportCustoms
ImportersBank
ImporterExporter Port of Exit
Use-case: intra-company sale of IBM
products from Poughkeepsie USA to
Singapore
IBM: Securing trust in global trade Commercial invoice, packing list and
waybill ‘on the blockchain’
Reduction in errors and effort normally associated with re-keying
Timely, transparent visibility of supply chain events to authorised parties
Customs Broker
ExportersBank
Logistics Providers
Export Customs
Carrier Port ofEntry
ImportCustoms
ImportersBank
ImporterExporter Port of Exit
Port ofEntry
Use-case: Citrus fruits exported from
India to Dubai by sea, manufactured
into juice, exported from Dubai to
Spain by air
Dubai: Securing trust in global trade Letter of credit: 2/3 days to 2 minutes
Immutable tamper proof documents
Timely, transparent visibility of supply chain events to authorised parties
Exporters Bank
Logistics Providers
Export Customs
Carrier Port ofEntry
ImportCustoms
ImportersBank
ImporterExporter Port of Exit
Use-case: Container of Schneider
Electric goods, France to Rotterdam,
onto Maersk Line ship and transported to
Port of Newark.
Maersk: Securing trust in global trade Real time visibility of shipments’ status
A technology platform to implement key parts of the Data Pipeline concept
Increased efficiency
Further information
IBM & Maersk Global Trade Digitisation announcement: http://www-03.ibm.com/press/us/en/pressrelease/51712.wss
IBM & Maersk Global Trade Digitisation video: https://www.youtube.com/watch?v=dcddYatMCGQ
IBM Global Trade Digitisation & Singapore: https://www.youtube.com/watch?v=LeKapqAQimk
Everledger reducing diamond fraud: https://www.youtube.com/watch?v=sRVwkzQi5hI
Hyperledger Fabric V1, blockchain for business : https://youtu.be/EKa5Gh9whgU
11Page© 2017 IBM Corporation
Thank you!
© 2017 IBM Corporation
This material cannot be used,
duplicated, distributed without the
prior written authorization of IBM
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