Global Trade Digitization
Global Trade Digitization
1
Arealworldapplicationofblockchain
NorbertKouwenhoven,[email protected],GTDCustomsBordersSTMConference,September12,Venice
Global Trade Digitization
§ Instant, secure access to E2E supply chain information§ Authenticity and immutability of digital documents§ Accurate ETA Sharing, avoiding ’the truck missing the ship’§ Improved ETA calculation (weather, queues) allowing optimised speed and
fuel use § Early,better,riskassessmentsandfewerunnecessaryinterventionsbyauthorities
2
What if we had ……
Exporter Trucker Authority
Authority Authority
Forwarder
Carrier
Consignee
Terminal
Global Trade Digitization§ Lower administrative expenses eliminating paper flows across borders
§ Estimated annual global savings from efficient sharing of information: $27 billion
Global Trade Digitization
3
Global Trade Digitization
Mission:
Improvetheefficiencyandtransparencyofglobalsupplychainsbyproviding
- permissionedaccesstokeyshippingeventsand
- Secure,digitizeddocumentworkflowstoallsupplychainparticipants
10%efficiencysavings
Global Trade Digitization
Why GTD will fundamentally change the industryBlockchain changes the gameNever before could disparate entities securely and confidently process paperwork filings digitally
GTD is designed from the ground up as an industry platformThe end-to-end supply chain will be involved
The ecosystem will continuously shape the solutionGTD will be iteratively developed based on ongoing, continuous input and feedback from platform participants
Moving fastIn modern economies speed and scale are critical. Building the network fast is the key to success
Balanced fundingGTD will be funded by a transaction fee levied on private sector participants. There will be no transaction fee for government authorities.
IBM and Maersk have kicked this off and will see this throughAn unmatched vision, global reach, executive commitment, and ability to execute in markets around the world
BLOCKCHAIN§ Unchangeable data (in blocks)§ Stored in a sequence (the chain)§ Distributed across organisations
(the business network)§ Enforcing agreed rules (using smart
contracts)
Global Trade Digitization
With GTD, the entire supply chain ecosystem shares a single trusted view of shipping events and documents
GlobalTradeDigitization
PaperlessTradeBlockchainNetwork
Export
Inland Transportation Port / Terminal Customs
Authorities3PL Service
Provider
Packing List
Export Declaration
Bill of Lading
Inspection Certificate
Commercial Invoice
Exporter / BCO
Import
3PL Service Providers
Importer / Consignee
Inland TransportationPort / Terminal
ShippingInformationPipeline
Certificate of Origin
Dangerous Goods Declaration
ISF
NotexhaustivelistofEventstrackedbyGTD
NotexhaustivesetofdocumentsprocessedbyGTD
Customs Declaration
Customs Clearance
PhytosanitaryCertificate
Empt
y co
ntain
er
pick
ed u
p
Star
t con
taine
r tra
cking
ETA
Empt
y co
ntain
er
at in
land
locat
ion
VGM
filled
Full c
onta
iner p
icked
up
from
stu
ffing
site
Estim
ated
gat
e in
gate
in fu
ll for
exp
ort
ETD
cont
ainer
from
te
rmina
l
Full c
onta
iner l
oade
d
Empt
y co
ntain
er
pick
ed-u
p
ATA
cont
ainer
at
term
inal
Cont
ainer
disc
harg
e es
timat
ed
Estim
ated
gat
e ou
t
Gat
e ou
t full
for i
mpo
rt
ETA
full c
onta
iner a
t inl
and
locat
ion
ATA
full c
onta
iner a
t inl
and
locat
ion
Seale
d re
mov
ed
Cont
ainer
de-
stuf
fed
Empt
y co
ntain
er
read
y fo
r pick
-up
Empt
y co
ntain
er
arriv
ed a
t em
pty
depo
t
Cont
ainer
trac
king
ende
d
ETA
Empt
y co
ntain
er
at in
land
locat
ion
Cont
ainer
stu
ffed
Cont
ainer
sea
led
ATD
cont
ainer
from
te
rmina
lET
A co
ntain
er a
t te
rmina
l
Tem
pera
ture
read
Expo
rt de
clara
tion
clear
ed
Full c
onta
iner
disc
harg
ed
Impo
rt de
clara
tion
clear
ed
Cont
ainer
sele
cted
for
inspe
ction
MRN
num
ber i
ssue
d
Container Arrival Notice
EUR 1 Available
Customs & Authorities
Global Trade Digitization
A dashboard
SHIPPING INFORMATION PIPELINE PAPERLESS TRADE
TheEventVisibilityDashboardallowsuserstosecurily publish andsubscribetoSIPdatawithoutusingathirdpartysystemofengagement.Adashboardenablesuserstosearchforanddrilldownintoaspecificshipmentorgroupofshipments.
ThePaperlessTradeappallowsuserstouploadandstore,review,stamp,andapprovedocumentfilings.WorkflowdrivenbyHyperledger smartcontractsensureallrequiredapprovalsareinplace.
Global Trade Digitization
ExportersBank
LogisticsProviders
ExportCustoms
Carrier PortofEntry
ImportCustoms
ImportersBank
ImporterExporter PortofExit
Schneider: Container Electric goods, • France to Rotterdam by truck • onto Maersk Line ship and • transported to Port of Newark.
CORE pilots: Securing Trust in Global Trade
§ RealTimeVisibilityofshipments’statusdemoedonatechnologyplatform,implementingkeypartsoftheDataPipelineconcept,showingIncreasedEfficiency
Global Trade Digitization
8
A short video (3 min) to show an example of how it works
https://youtu.be/tdhpYQCWnCw