How Blockchain Can Improve Supply Chain Transparency in Maldives

Digital technologies can improve transparency and efficiency in supply chains in Maldives. Photo credit: ADB

Maldives is exploring the use of high-level technologies to support a national single window system that will make it faster and more efficient to trade with other countries in South Asia and beyond.

Backed by the Asian Development Bank’s (ADB) High-Level Technology Fund, the South Asia Subregional Economic Cooperation National Single Window Project will pilot the use of blockchain technology to improve trade facilitation and supply chain management.

The High-Level Technology Fund supports the introduction of advanced digital technologies in international trade to improve trustworthiness, efficiency, and timeliness of local and regional supply chains. Read more…