• Thu, 17 Oct 2019, 11:33 AM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

Azerbaijan's State Customs Committee seeks to exchange information with global counterparts via blockchain

Fri, 20 Sep 2019, 11:57 am UTC

Azerbaijan's State Customs Committee is planning to use blockchain technology to exchange information with customs authorities of other countries, Menafn reported citing Trend.

Speaking at the second session of the International Caspian Energy Forum, First Deputy Chairman of the committee Ismayil Huseynov said the committee has already started exchanging information with Georgian Customs Department via a new method.

“Azerbaijan with the active help of India and Moldova is already working on the use of such an information exchange with the customs authorities of Ukraine,” he added. “In the long term, such projects will affect other cooperating countries as well.”

He also said that the development of e-services in the customs system has always been in the spotlight. Commenting on the projects to be implemented by the customs authorities in the near future, Huseynov said that an "electronic queue" system will be launched soon.

Earlier in June, the committee joined TradeLens, a blockchain-based supply chain platform jointly developed by Maersk and IBM companies. It said at the time that one of its major goals is to fully automate the process of customs clearance.

Deputy chairman of the State Customs Committee, customs service Major-General Igbal Babayev said that joining TradeLens could enhance efficiency and ensure better safety of the import and export operations of the Republic of Azerbaijan.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $8,115.97 (-0.21%)
  • Ethereum (ETH) $177.37 (-0.69%)
  • XRP (XRP) $0.296900 (+3.06%)
  • Bitcoin Cash (BCH) $218.99 (-1.44%)
  • Litecoin (LTC) $53.95 (-0.83%)
  • Bitcoin (BTC) $8,115.97 (-0.21%)
Oct 17, 2019 (Thursday)
11:13
Telegram proposes to postpone TON blockchain project launch to April 2020, seeks investors’ consent
10:41
Crypto Technicals: TRON (TRX) resumes weakness, break below 20-DMA could see fresh multi-month lows
09:32
Burj Khalifa owner Emaar taps JPMorgan’s Quorum blockchain for new rewards and loyalty platform
07:42
Towo Labs secures investment from Xpring to develop XRP hardware wallet firmware
07:22
Crypto Technicals: Bitcoin cash (BCH) finds strong support at 208.85, break below to strengthen bearish bias
07:03
US Fed actively looking and debating digital currency issuance: Dallas Fed President Robert Kaplan
07:03
Crypto Technicals: LTC/USD pauses at trendline support (52), further weakness on charts
05:50
EY launches blockchain solution to enhance public fund management
05:49
Crypto Technicals: ETH/USD set to extend weakness, eyes trendline support at 158
04:43
Crypto Technicals: BTC/USD finds major support at 55W EMA (7762), break below to plummet prices
04:39
Natixis, Raiffeisen Bank and others participate in global tokenised collateral trial on R3’s Corda
Oct 16, 2019 (Wednesday)
14:31
Bermuda starts accepting stablecoin ‘USDC’ for tax payments
13:19
Oxford English Dictionary officially adds ‘satoshi’
11:26
Crypto Technicals: XMR/USD holds above trendline support, 'Bullish Divergence' raises scope for upside
11:17
South Korea seeks to transform trade finance using blockchain technology by 2021
10:43
Crypto Technicals: XRP/USD finds stiff resistance at 21W-EMA (0.3008), break above to accentuate gains
09:51
Layer1 raises $50M from Peter Thiel and others to build bitcoin mining facility in Texas
08:39
Crypto Technicals: LTC/USD consolidates break below 20-DMA, on track to test trendline support at 52.25
07:41
Ford trials geofencing and blockchain technology to optimize energy efficiency of vehicles
06:54
India's YES Bank wants to lure more clients for its next planned blockchain model
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft