The Indian government is testing blockchain technology to streamline its logistics industry
The Indian government has warmed up to the use of blockchain technology to streamline operations and services. On Oct. 15, the central board of indirect taxes and customs under the country’s finance ministry launched a pilot electronic cargo tracking system (ECTS) project based on blockchain technology. The test run is being carried out at the Inland Container Depot (ICD) of the Tughlakabad Import Commissionerate, which accounts for about 20% of the total tax revenues under Delhi Customs.
