Trustless Cross-border Data Validation: The Role of Verifiable Credentials and APIs

Overview:

In the evolving landscape of cross-border trade, verifiable credentials and Application Programming Interfaces (APIs) are rapidly transforming how documents are authenticated, verified, and processed. These technologies allow for seamless, secure, and real-time validation of Licenses, Permits, Certificates, and Other documents (LPCO) and other trade supporting documents directly from their source, significantly reducing trade delays and enhancing trust among stakeholders. This webinar will explore the role of verifiable credentials and APIs in enabling paperless trade and ensuring the accuracy and integrity of trade data.

Objectives:

1. Introduction to Verifiable Credentials (VCs) in Trade: Discuss the concept of verifiable credentials, how they work, and their application in cross-border paperless trade.
2. Exploring the Role of APIs in Document Validation: Understand how APIs can be used to check the validity and status of LPCOs and other trade-related documents in real-time from their source.
3. Enhancing Trust and Security in Trade: Demonstrate how verifiable credentials and APIs can build trust in trade transactions by ensuring data integrity, minimizing fraud, and increasing efficiency.
4. Practical Use Cases and Success Stories: Share insights from industries and governments already adopting these technologies to streamline trade processes.
5. Future Opportunities and Challenges: Identify the key challenges in scaling these technologies globally and their opportunities for digitalizing international trade.

Target Audience:

• Customs and border authorities
• Trade and compliance officers
• Technology providers and developers
• Supply chain managers
• International trade policymakers

To visit the webinar series on accelerating cross-border paperless trade facilitation, please CLICK.

for more information, please contact

Trade, Investment and Innovation Division +66 2 288-1234 [email protected]