Azerbaijan's State Customs Committee is planning to use blockchain technology to exchange information with customs authorities of other countries.
Speaking at the second session of the International Caspian Energy Forum, First Deputy Chairman of the committee Ismayil Huseynov said the committee has already started exchanging information with Georgian Customs Department via a new method.
“Azerbaijan with the active help of India and Moldova is already working on the use of such an information exchange with the customs authorities of Ukraine,” he added. “In the long term, such projects will affect other cooperating countries as well.”
He also said that the development of e-services in the customs system has always been in the spotlight. Commenting on the projects to be implemented by the customs authorities in the near future, Huseynov said that an "electronic queue" system will be launched soon.
Earlier in June, the committee joined TradeLens, a blockchain-based supply chain platform jointly developed by Maersk and IBM companies. It said at the time that one of its major goals is to fully automate the process of customs clearance.
Deputy chairman of the State Customs Committee, customs service Major-General Igbal Babayev said that joining TradeLens could enhance efficiency and ensure better safety of the import and export operations of the Republic of Azerbaijan.