In cross-border trade, time is money. When shipments are delayed due to missing, overdue or non-compliant documentation, companies lose money. Güler Dinamik, a large customs compliance company in Turkey, facilitates cross-border trade among its trading partners.
Güler Dinamik, a large customs compliance company in Turkey, worked with the IBM Garage to create an IBM blockchain-based network to facilitate cross-border trade among its trading partners. Better visibility and security will help cut fraud and decrease lead times, to speed trade and reduce costs for members of the blockchain consortium.