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The country's first blockchain cross-border trade project landed at tianjin port

After more than seven months of planning research, project demonstration, coalition building, development, testing and evaluation of safety, tianjin port chain validation staging, pilot project and the block chain cross-border trade service network conference recently held in tianjin, it marks the tianjin port in the country for the first time block chain technology and trading in cross-border trade, finance, logistics, supervision and so on each link of the depth of fusion, chain blocks, cross-border trade ecological system have been established.

It is reported, as an important implement of project party - zhang through active participation in the financial one, for the first time block chain technology and cross-border trade organic combination of each link of business application system, to build reliable business chain, formed the cross-border trade block chain alliance, build a trade, financial, logistics, regulators and other service platform for the chain block, block chain technology advantage, build trust, convenient, efficient and traceability of trade environment, gradually form the new ecological trade facilitation.

Ye wangchun, chairman and CEO of yileotong finance, said that the project is not only to launch a product, but also to build a credible and green cross-border trade ecosphere, which has created three first places in the field of cross-border trade of blockchain. First, it is the first cross-border trade service network of blockchain in China, realizing intelligent customs clearance with integrated whole process. Second, it is the first standard system covering cross-border trade, legal compliance and technical norms, providing a standardized model for the industry. Third, it is the first cross-border trade alliance built by blockchain to build a credible green trade ecosystem. This alliance is composed of financial circle, logistics circle, business circle, regulatory circle, service circle and other resources. It can cover all the core links of customs clearance trade and provide services for small and medium-sized enterprises with the help of the whole credible green trade ecosystem.

The establishment of the blockchain cross-border trade service network will not only help tianjin customs achieve the goal of "two improvements and two controls", but also bring a series of far-reaching impacts to many stakeholders in cross-border trade.

On the same day, roem semiconductor (China) co., ltd. successfully declared the first blockchain customs declaration. The company, which is responsible for humanity light, said the customs has three advantages in promoting blockchain declaration: first, it has improved the efficiency of customs clearance. Rohm semiconductor as customs AEO certification general enterprise, in the process of customs clearance can't enjoy the advanced authentication enterprise, we have been supervised the proportion about 3%, basic is about 10 times, the advanced authentication enterprise by block documents filing and check through the chain, we can enjoy the same treatment as senior certification enterprises. Second, it improves its own supply chain management ability. The operation interface of the blockchain system is user-friendly and the concept is advanced. Data transmission through the blockchain can precisely control the production and procurement information. Third, with the customs, Banks and other regulatory departments on the chain, things will be more convenient, which is in line with the integrity of the law and convenient management trend.

Source: economic information daily