Facts About International Supply Chain
Documents duplicated by different parties in international supply chains
Contribution of border-enforcement trade barriers to total landed cost of a shipment
Difference in LPI scores between high-income and low-income countries
BTP – Blockchain Trade Platform – is a next-generation blockchain-based solution to problems faced by different actors in international supply chains. We use standardised data models & ERP integrations to prevent data duplication, fraud and misconduct. These data produce authenticated digital documents as early as possible and allow paperless trade. Traders save time and money as well as the benefit of automated customs compliance for their shipments. Customs authorities benefit from automation and audit of their customs regimes. Chain & Chain is helping to build BTP using Hyperledger’s Fabric blockchain implementation.
Blockchain is a disruptive technology on many fronts and we think it is a game-changer for international trade. Our solution focuses on providing end-to-end visibility for cross-border shipments of goods with digitized documents and automated customs compliance. We use a Public Key Infrastructure for and elliptical curve cryptography to authenticate users and documents. BTP aims to be a global single window on international trade.