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Saudi Customs Pilots IBM TradeLens Blockchain Solution For Customs Tracking

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Saudi Customs has integrated its customs tracking platform called Fasah with the blockchain-enabled shipping solution TradeLens in a pilot project. The Saudi Arabian customs also teamed up with its IT partner Tabadul, which oversaw the integration of Fasah with TradeLens.

The TradeLens solution is jointly developed by Danish transport and logistics giant Maersk and IBM by applying blockchain to the world's global supply chain.

Fasah is Saudi Arabia's national platform which connects all government and private entities involved in cross border trade.

The pilot aimed to link Fasah with TradeLens for selected services to ensure immutability, traceability, reduced reconciliation, auditability, and compliance. The pilot is part of ongoing trials and forms part of the Saudi Customs' commitment to achieve the goals set out in Saudi Arabia's Vision 2030.

The pilot combined blockchain technology empowered by Tradelens, the expertise of Saudi Customs along with Maersk's shipping expertise to deliver a significant milestone in the adaption of this technology.

Through the adoption of blockchain, Saudi Customs aims to be the first in the region to be able to provide remarkable customs services that will see the Kingdom become a global logistics hub.

Saudi Customs is among more than 90 organizations worldwide involved in the TradeLens platform, which was launched in early August, just six months after the blockchain collaboration between IBM and Maersk was announced in January. TradeLens is expected to be fully commercially available by the end of this year.

The TradeLens ecosystem currently includes more than 20 port and terminal operators, representing about 234 marine gateways or seaports on five continents. These include PSA Singapore, ICTSI, Patrick Terminals, Modern Terminals in Hong Kong, Port of Halifax, Port of Rotterdam, and Port of Bilbao.

Customs authorities, freight forwarders, shippers, shipping lines, and third-party logistics providers are also part of the global organizations involved in the platform. Canada Border Services Agency (CBSA) recently became one of the first border agencies to join the platform.

According to the data collected by the system, the use of TradeLens allows to reduce the transit time of a shipment by 40 percent, which represents thousands of dollars in cost saving.

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