Customs and excise office adopts blockchain tech to cut logistics costs

The Directorate General of Customs and Excise has adopted blockchain technology for information sharing in an effort to reduce shipping costs and eliminate inefficiency resulting from paper-based processes.

The directorate general announced on Tuesday that it was using IBM and Maersk's TradeLense--one of the most popular open supply chain platforms based on blockchain technology that enables real-time end-to-end information sharing and collaboration.

The office's information and technology director, Agus Sudarmadi, said a digital transformation was needed to bring down logistics costs and ease document processing at the customs and excise directorate general. "This technology allows us to use single documentation where everyone involved in the supply chain can see the data," he said during a press conference on digital transformation. "As such, there ...

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