interoperability
-
The UK – Southeast Asia Trade Digitalisation Pilots (TDP) is a public-private funded project that has facilitated digitalised shipments between the UK, Singapore, and Thailand. The UK government appointed the British Chamber of Commerce Singapore, with support and co-funding from industry partner LogChain, to deliver the project. The TDP builds on the success of the first… Read more
-
The EU Digital Identity Wallet: a New Tool for Remote Signing with Qualified Electronic Signatures
The Cloud Signature Consortium welcomes changes to the eIDASRegulation that pave the way for a new and ambitious European digitalidentity framework. At its core is the European digital identity wallet.This will provide EU citizens and residents with a secure and convenient formof digital identification to access public and private sector services throughoutthe entire EU bloc.… Read more
-
Together, they experiment with EBSI to make information easy to verify and almost impossible to fake. This for better mobility of our citizens, better quality of our products, and better economic development of our enterprises. Source: EBSI, European Commission Read more
-
DHS Establishes United States-United Kingdom-Australia Supply Chain Resilience Cooperation Group (SCRCG) to Tackle Supply Chain Threats
This week, the U.S. Department of Homeland Security (DHS), the United Kingdom (U.K.)’s Department for Business and Trade of the United Kingdom of Great Britain and Northern Ireland, and Australia’s Department of Industry, Science, and Resources established the United States-United Kingdom-Australia Supply Chain Resilience Cooperation Group to enhance efforts to combat threats to critical supply… Read more
-
African Continental Free Trade Area (AfCFTA) Legal Texts and Policy Documents
The African Continental Free Trade Area (AfCFTA) is flagship project of the African Union’s Agenda 2063, a blueprint for attaining inclusive and sustainable development across the continent over the next 50 years. It aims to boost intra-African trade by providing a comprehensive and mutually beneficial trade agreement among the State Parties covering trade in goods and… Read more
-
The Digital Standards Initiative (DSI) of the International Chamber of Commerce (ICC) is on a mission to digitalise global trade by addressing some of the biggest challenges facing governments, businesses and people today. Among the four challenges1we have identified, perhaps the steepest one is around standards for interoperability. With hundreds of electronic and digital standards… Read more
-
CBP Champions Trade Modernization Through Global Interoperability Standards Testing
U.S. Customs and Border Protection (CBP) announced the agency’s 2024-2025 plan to accelerate testing and adoption of global interoperability standards, kicking off a new testing phase for innovative trade technology. The agency will work with private and public sector partners during the 2024 testing phase this fall, leading up to international testing in 2025. Interoperability… Read more
-
The Use of Insurance Documents in International Trade – Enabling Digitalisation
For the past few years, work has been underway to harness emerging technologies such as blockchain, smart contracts, the Internet of Things (IoT) and Artificial Intelligence (AI) within the insurance industry. The technologies can be harnessed to digitalise cargo insurance documentation. However, one of the barriers to adopting and using digital alternatives is the legal… Read more
-
The e-book provides an in-depth look at the evolving digitalization in trade finance. It discusses how digital solutions are transforming traditional trade processes, improving efficiency, transparency, and security. Key technologies covered include blockchain, artificial intelligence, and electronic documentation, which help streamline operations like payments and risk management. The guide also explores the benefits of adopting… Read more
-
Tokenisation is often touted to unlock vast potential, particularly in markets plagued by inefficiency and illiquidity. There is a market consensus forming that investors are drawn to adopt tokenised assets due to reduced transaction costs and enhanced liquidity. For institutions on the supply side, the allure seems to lie in accessing new capital, boosting liquidity,… Read more