Trade-Van signs cross-border trade blockchain cooperation agreement with New Zealand customs clearance company
【Published by: Economy Daily News | Editor: Zheng Zhi-Shan | Translator: Statecraft 】
Trade-Van and New Zealand customs clearance and electronic certificate services company -Trade Window signed a cross-border trade blockchain cooperation agreement in Auckland to create a more convenient and secure cross-border trade environment created by Taiwan and New Zealand with the blockchain. Through the blockchain platform cooperation between Taiwan and New Zealand, importers and exporters, logistics operators, and government agencies of the two countries can use the blockchain to transmit and verify various international trade documents, reduce cross-border trade costs, and improve trade efficiency. The signing of this agreement also symbolizes that Trade-Van’s cross-border trade blockchain cooperation landscape has further expanded from Asia to Oceania.
Trade-Van has been committed to breaking through diplomatic challenges with science and technology and working hard with international partners on various technological innovations and cross-border cooperation. This blockchain cooperation will focus on cross-border customs clearance, trade, and exchange of operational research documents, including commercial invoices, bills of lading, customs declarations, quarantine certificates and other data exchange and cross-border verification. In particular, this bilateral blockchain platform cooperation, in addition to cross-border document verification, combined with product traceability management, puts cross-border electronic origin certification on the chain, plus product production history and raw material traceability. Further, ensure the quality and trust of the products of the two countries, and create the greatest value for the traders of the two countries.
Xu Jian-Long, Chairman of Trade-Van, said, “Trade-Van is actively working for the integration of Taiwan and global information. New Zealand and Taiwan have signed the Taiwan-New Zealand Economic Cooperation Agreement in 2013. This time, the trade blockchain with New Zealand The cooperation symbolizes our closer integration of the trade relationship between the two countries with innovative technology. We self-expect to create a more complete cross-border trade environment for Taiwan’s customs clearance, trade and operations planning industries, and connect Taiwan to the world with new technologies. “
The blockchain’s decentralized system and security mechanism are well-suited for international trade operations. Through the “Smart Contract” of the blockchain, the operating costs and unnecessary errors that must be human intervention in the original manual process can be greatly reduced. The cross-border trade blockchain cooperation between Taiwan and New Zealand will create a better environment for cross-border customs clearance, trade, and financing for Taiwan and New Zealand customs clearance and trade operators, and further promote Taiwan and New Zealand’s bilateral trade.
■ Source: Economy Daily News
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