Tag: customs

Korea Taps Samsung’s Blockchain Tech to Fight Customs Fraud

South Korea’s customs authority is trying to undertake Samsung’s blockchain tech because the spine of a decentralized customs clearance system. Samsung SDS, the conglomerate’s IT arm, said on Friday that the Korea Customs Service has inked a memorandum of understanding (MoU) that may see Samsung’s Nexledger blockchain utilized for the brand new platform. Forty-eight home […]

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Maersk, IBM Launch Blockchain Shipping Supply Chain Platform

IBM and Danish transportation and logistics giant Maersk have established their own international blockchain-empowered shipping alternative, based on a official press release now, August 9. The new jointly developed blockchain solution showed 94 associations included and 154 million transport events captured. The worldwide supply chain system was dubbed ‘TradeLens,’ and its own dataset is reportedly […]

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Wendy McElroy: A Dazzling Explosion of Spontaneous Order

News The Satoshi Revolution: A Revolution of Rising ExpectationsSection three: DecentralizationChapter eight, Part 5Crypto: A Dazzling Explosion of Spontaneous Order “Our civilization depends, not only for its origin but also for its preservation, on what can be precisely described only as the extended order of human cooperation, an order more commonly, if somewhat misleadingly, known […]

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South Korea: Cryptos Mixed up in $600 Million Illegal Forex Trade

The South Korea authorities is investigating using cryptocurrency in unlawful overseas foreign money alternate, in line with an announcement. Released on Jan. 31 by the Korea Customs Service (KCS), the assertion alleges whole of 637.5 billion gained value (or round $600 million) in overseas currencies have been exchanged illegally, together with unrecorded capital outflow utilizing cryptocurrencies. […]

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