Saudi Customs integrates cross-border trade with blockchain solution “TradeLens”

Saudi Arabia, SAUDI ARABIA – Saudi Customs has conducted a pilot project to connect Saudi Arabia’s national customs platform with a blockchain-enabled shipping solution from Maersk and IBM. The project, which was supported by Saudi Customs’ IT partner Tabadul, was intended to test new technology and support the Kingdom’s ambitions to be a global logistics hub.

The pilot integrated FASAH, Saudi Arabia’s national platform which connects all government and private entities involved in cross border trade, with TradeLens, a blockchain-enabled global shipping solution jointly developed by Maersk and IBM.

The pilot aimed to link FASAH with TradeLens for selected services to ensure immutability, traceability, reduced reconciliation, auditability, and compliance.

“The pilot comes in line with our strategy that aims to facilitate trade and enhance security levels, while working to establish the kingdom as one of the world’s premier logistics hubs.” –  HE Ahmed Alhakbani, Governor of Saudi Customs.

Tarek Zarg El Aioun, Country General Manager of IBM Saudi Arabia had this to say:

“Through its adoption of blockchain-enabled TradeLens, Saudi Customs is helping transform the shipping industry in the region and enabling faster, transparent and more efficient real-time operations.”

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