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Azerbaijan's customs committee talks use of blockchain technology

Business Materials 4 May 2018 14:14 (UTC +04:00)
Azerbaijan's State Customs Committee focuses on introduction of modern technologies in its activity, Chairman of the State Customs Committee Safar Mehdiyev told reporters in Baku May 4
Azerbaijan's customs committee talks use of blockchain technology

Baku, Azerbaijan, May 4

By Anvar Mammadov – Trend:

Azerbaijan's State Customs Committee focuses on introduction of modern technologies in its activity, Chairman of the State Customs Committee Safar Mehdiyev told reporters in Baku May 4.

Mehdiyev was responding to a question about the possible use of blockchain technology in the work of the country's customs bodies.

"The current changes in global trade lead to the need for reforms in the customs system, which is inevitable,” he said. “I think we will apply such innovations."

In April 2017 the problems of using blockchain technology in the customs sphere were touched upon at the session of the Permanent Technical Committee of the World Customs Organization.

Big prospects for the use of blockchain technology in electronic commercial transaction management, risk management, information exchange between customs bodies, customs audit and fight against offences were stressed at the session.

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