The era of digitalization requires enterprises to rethink many aspects of their business models. Several enterprises in global trade have moved their digitalization focus toward the ecosystems they are part of. An important bottleneck for end-to-end digitization of global trade is the regulatory requirement to submit large volumes of information and documents to governmental authorities to comply with import, export, and transit-related regulatory requirements. One approach to address this problem is the establishment of a Trade Single Window (TSW) whereby trade related information and/or documents need only be submitted once per country at a single entry point.
In close cooperation with the Inter-American Development Bank (IDB), this project will create a policy toolkit that allows governments across the world to identify and effectively apply blockchain for TSW, with a specific pilot project in Argentina on how decentralized technologies can facilitate trade in Argentina, in particular: