Sweetbridge: Forbes Byline: Logistics and Customs Agencies Eyeing Blockchain
Emerging technologies like blockchain touted as foundation for 21st century commerce at U.S. Chamber of Commerce Global Supply Chain Summit in Washington, D.C.On May 22, Sweetbridge joined representatives from global logistics and commerce giants like FedEx, UPS, Bechtel at the 6th annual Global Supply Chain Summit, hosted by the U.S. Chamber of Commerce in Washington.The concurrent theme was that e-commerce and cross-border transactions are growing exponentially and that legacy logistics and customs systems are having substantial difficulty keeping up.In search of new solutions, both the private sector and government agencies are eagerly exploring new technologies like blockchain to help facilitate commerce, protect consumers from counterfeit and contraband goods and thwart criminal activity.One speaker nicely summed up the message:“Blockchain. Blockchain. Blockchain. That’s all I hear about when I go to meetings.”Other speakers such as Kevin McAleenan, commissioner of the U.S. Customs and Border Patrol, and Cynthia Allen, vice president of regulatory affairs and commerce at FedEx Express, urged the private sector to take the lead on finding these solutions and to stay engaged with customs and regulatory authorities as these systems are built and deployed.See Sweetbridge strategic communications lead and Forbes contributor Aaron Stanley’s full write-up of the event here.Kevin McAleenan, commissioner of the U.S. Customs and Border Patrol, addresses the Global Supply Chain Summit (photo credit: Aaron Stanley for Forbes)About SweetbridgeSweetbridge is a new economy built for commerce that enhances the world’s current economies. Sweetbridge and its alliance partners offer a unique set of blockchain protocols, applications and crypto-economics to create an economy of opportunity for all participants. The goal of Sweetbridge is to transform brittle, industrial-era commerce through decentralized industry ecosystems that create a faster, fairer value exchange, unleash working capital, better utilize resources, and optimize talent for the benefit of all participants. For more information, follow Sweetbridge on Twitter at @sweetbridgeinc or visit https://sweetbridge.com.Forbes Byline: Logistics and Customs Agencies Eyeing Blockchain was originally published in Sweetbridge on Medium, where people are continuing the conversation by highlighting and responding to this story.
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