Blockchain Tech Adopted By Korea Customs Service To Prevent Fraud And Smuggling

Announcements, Blockchain | March 8, 2018 By:

The Korea Customs Service (KCS) is planning to adopt advanced technologies in order to improve its customs administration.

During the agency’s first national customs managers’ meeting, KCS commissioner Kim Yung-moon said that adopting new technologies to respond to the ‘fourth industrial revolution’ is an overriding agenda for the agency as trade form is becoming more complicated.