Dubai Customs’ blockchain project cuts ecommerce transaction clearances to ‘minutes’
With blockchain project, Dubai Customs and free zones are out to speed up ecommerce Dubai CommerCity’s Abdulrahman Shaheen says customs clearances on ecommerce orders will be brought down significantly through blockchain. Dubai: A consumer in Dubai places an order with an ecommerce portal – and the goods ordered gets the all-clear from Dubai Customs and starts the delivery process in five minutes. With Dubai Customs’ new blockchain solution, currently in pilot test mode, that’s how fast the process is going to be.
“Dubai Customs’ solutions of the past were geared for B2B transactions – with blockchain, we can turn that to B2C needs as well,” said Abdulrahman Shaheen, Senior Vice-President for Operations at Dubai CommerCity. “What’s been done is that the customer’s warehouse management systems are integrated to Dubai Customs’ blockchain solutions – and that’s where the speed of delivery comes in.” Abdulrahman Shaheen of Dubai CommerCity said: “We are talking about bringing down time and processes to seconds and minutes. That’s what blockchain will help achieve.” But isn’t this still all about B2B, with an ecommerce or logistics company connected to Dubai Customs? Shaeen sets the process has changed: “The customer becomes part of the process because the moment he places the order with the online marketplace, the warehouse management system is alerted and the Dubai Customs clearances are on the way. The gate pass from customs gets issued in 5 minutes.
Once live, the blockchain platform from Dubai Customs will cover 90 per cent of shipments, cutting down the clearance processes to minustes. The other 10 per cent will still need more ‘clarifications’ for the clearance.
Until now, any mention of blockchain processes had to do with Bitcoin and crypto-currency transactions, which then get entered into a ledger. But the UAE and its government agencies have been quick to realise […]
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