making blockchain real for business - trust in digital life · exporters bank logistics providers...

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


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


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


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


ImportCustoms

ImportersBank


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


ImportCustoms

ImportersBank


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

http://www-03.ibm.com/press/us/en/pressrelease/51712.wss


Thank you!

© 2017 IBM Corporation

This material cannot be used,

duplicated, distributed without the

prior written authorization of IBM

making blockchain real for business - trust in digital life · exporters bank logistics providers...

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