A little birdy told me that IOTA's collab with Trademark East Africa is one of the disruptive projects where a feeless #DLT like #IOTA can have a massive impact
Here's what the Dep Commissioner for Customs of the Kenya Revenue Authority thinks about that
Here's what the Dep Commissioner for Customs of the Kenya Revenue Authority thinks about that
Paraphrasing: ... data can not be manipulated, which creates a lot of trust. Previously paper-based, data can now be verified in a timely manner, which leads to cargo being able to be cleared before arrival, which reduces #cost for the government as well as businesses
... overall, businesses can better plan ahead and overall cargo throughput increases, which culminates into #revenue #growth for the government and also less trade related crime
... next step is to expand trade lanes to more destinations, including Great Britain, Egypt, India, Pakistan and China. (Yay!)
Another step propelling Africa from a paper-based economy into the 21st century, ahead of so called industrialised nations. #IOTA is happy to work with anyone, but living in a city with one of the biggest harbours in the EU, I hope we will also start seeing such innovation in EU
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