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US Customs and Border Protection .......Forms Blockchain Research Group




Blockchain technology is about to be used to improve operations at the Department of Homeland Security as an advisory committee to the U.S. Customs and Border Protection (CBP) researches the application of blockchain to the agency's trade functions and public documents show.

According to a summary report published earlier on the group, formed in September by the Commercial Customs Operations Advisory Committee (COAC) to advise 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:

"The group came up with 14 proposed use cases. They included ideas such as capturing and keeping track of partnering government agencies licenses, permits, certificate of origin reporting and free trade agreement product qualifications, carnets and bonded movement tracking."

The paper indicates that group is now looking into those use cases and determining how they might be deployed using blockchain technology.

At this time, it's unclear whether the CBP advisory group's work will translate into tangible applications at the agency.


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