Quote from: NeuroticFish on Today at 06:08:25 PM

Quote from: igebarisu on Today at 04:55:53 AM

bitcoin, will this play a role in logistics industry? which also covers the air freight export license, export customers clearance, AU customs clearance, and AU customs duties

It's too expensive (and useless) to use Bitcoin in logistics. But Bitcoin will remain "the thing" that opened world's eyes about the power of blockchain.
Depending of various companies' needs, blockchains are starting to get used in logistics, but it's not the same blockchains you'll see here as support for various coins.

Logistics platforms based on blockchain technology are not only technically demanding, but also require the clarification of many legal issues.
In addition to data protection, for example, the implementation of the many legal sources that are particularly relevant to transport must be taken into account.
For example, the transport law framework conditions are relatively complex, because the legal cornerstones result from a complex interplay of modality-related conventions, the (controversial) rules of multimodal transport and the different national legal norms.
Furthermore, quasi-binding specifications of the lex mercatoria (e.g. ERA 600 or BIMCO bill of lading) must also be taken into account.
Moreover, such automated systems must be coordinated with the mandatory standards at national and international level (such as formal requirements or restrictions on liability for damages).
Furthermore, questions of ownership and the role of securities and book-entry securities will have to be clarified within the block chain.
Finally, the question of how to deal with the large number of discretionary decisions must also be answered, for example in assessing fault, quantifying damages or interpreting specific contractual obligations and duties.