Australia and Singapore will test blockchain for cross-border trade | Instant News

The Australian Border Force (ABF) believes blockchain is the best way to track goods across multiple territories and has started trials with Singapore to explore practical applications of the controversial technology.
It has announced a partnership with Singapore Customs and the Infocomm Media Development Authority of Singapore (IMDA) to start a trial using a digital verification system, via blockchain.
The ABF has lauded the trials, which begin on Monday, will aim to develop solutions that make…

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