Thai Customs turns to TradeLens

TradeLens  

The Customs Department of Thailand, an agency under the country’s Ministry of Finance, has turned to blockchain platform TradeLens, jointly developed by IBM and Maersk.

The initiative is to modernize trade and support Thailand 4.0 Policy, the department announced Wednesday. TradeLens will provide, “an automatic and immutable tracking tool, which will lead to a more secure, transparent, efficient and simpler workflow,” said Patama Chantaruck, managing director of IBM Thailand.