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Travel and Logistics / White Paper
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Using blockchain to improve process efficiencies in the logistics industry
Blockchain in transportation is laying the groundwork for fully digitized bonded warehouse operations by enabling:
- Superior visibility and security of cargo during transit and storage
- Improved compliance and documentation such as warehouse entry, storage, transfer, de-bonding, duty payment, and more
- Fraud prevention by verifying identity of third-party customs bonded warehouse operators
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