Developing a National Trade Community System
Editor's note: PwC has fully explained its vision to allow Australia's trade to be securely linked by data to all supply chain participants and between other supply chain platforms developing across the globe.
Motivated by concerns over Australia’s worsening position in the World Bank’s Trading Across Borders rankings, The Australian Chamber of Commerce and Industry, Port of Brisbane and PwC Australia are seeking to bring Australian international trade to the 21st Century. Our vision is to remove complexity and overcome inefficiencies in the supply chain through a ‘Trade Community System’ (TCS) which links key supply chain information and ensures trust in that information through distributed ledger (or ‘blockchain’) technology...
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PTI EDITION 79The supply chain is altering to fit a smarter future; technologies once perceived as threats are quickly becoming opportunities. This edition explores beyond the port to inform its readership about the incoming changes that will evolve ports into 'smart' nodes.