CBP Reveals Details of Upcoming Tech That Will Change International Trade as We Know It - With Vincent Annunziato

In this episode, we discuss CBP's groundbreaking work to develop global standards for digital verification that could transform international trade and supply chain visibility. Vincent (Vinnie) Annunziato from CBP shares how technologies like decentralized identifiers and verifiable credentials could enable trusted traders to be instantly recognized across borders while also providing end-to-end supply chain transparency.

Main Points:

• CBP is developing standards for decentralized digital IDs and verifiable credentials
• Pilots underway to test cross-border recognition of trusted trader credentials
• Goal is to streamline clearance processes for compliant companies
• Provides end-to-end visibility into global supply chains from start to finish
• Could help curb risks like forced labor by authenticating entities and tracing products
• Long term vision for international single window using these technologies
• Also aims to build consumer trust in brands by verifying product legitimacy
• CBP working with international standards bodies and other customs agencies

Find us on YouTube: https://www.youtube.com/@SimplyTradePod 

Enjoy the show!

Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ 
Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ 
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

Show references:

• Global Training Center - www.GlobalTrainingCenter.com

• Simply Trade Podcast - twitter.com/SimplyTradePod 

• Vincent Annunziato - https://www.linkedin.com/in/vincentrobertannunziato/ 

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