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IPR Blockchain Test to Begin Soon, Lots of Industry Interest in Participating, Annunziato Says

There's already heavy industry interest in taking part in the next blockchain proof of concept involving intellectual property rights, said Vincent Annunziato, director of CBP’s Business Transformation and Innovation Division, at the Commercial Customs Operations Advisory Committee's Feb. 27 meeting.…

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"We are almost 100 percent definite with moving forward" soon with the intellectual property rights piece, he said. "We're hearing now that we're having about 70 people that want to come and participate. We're a little worried about handling all of you coming in, so that's great news." CBP is also working with the Department of Homeland Security on a test of "verifiable credentials" that uses "third-party verification through consensus to prove somebody is who they say they are."