Building a digital anchor: A legal perspective on a prospective improvement of electronic data interchange in maritime trade

Research output: Contributions to collected editions/worksChapterpeer-review

Authors

The economic impact as well as potential threats, arising from the implementation of a Single Window (SW) environment as well as blockchain technology in maritime trade and beyond need to be evaluated with regard to trade facilitation. Digitalisation in all kinds of business is pervasive. The seaborne trade of goods involves multiple private companies and public figures. The advantages that are promised by blockchain technology are to foster greater trust and therefore security between everybody involved in the supply chain while reducing the complexity of data interchange in trade to boost economic growth. A Regulatory Fitness and Performance programme (REFIT) evaluation, launched by the EU Commission in October 2016, came to the conclusion that only a few EU Member States had achieved the aim of establishing a well-functioning national SW. Trade facilitation needs to be funded to improve global competitiveness and economic growth.
Original languageEnglish
Title of host publicationEU and CARICOM : Dilemmas versus Opportunities on Development, Law and Economics
EditorsAlicia Elias Roberts, Stephen Hardy, Winfried Huck
Number of pages12
PublisherTaylor and Francis Inc.
Publication date13.10.2020
Pages58-69
ISBN (print)9780367857769
ISBN (electronic)9781000198676, 9781003096863
DOIs
Publication statusPublished - 13.10.2020
Externally publishedYes

    Research areas

  • Law

Recently viewed

Researchers

  1. Matthias Werner

Publications

  1. Adaptive Environments
  2. How Do Negotiators Resolve Conflict Over Resources of Changing Value: The Role of Trust in Sequential Negotiations
  3. Towards a Multi-Level Approach to Studying Entrepreneurship in Professional Services
  4. Evidence on copula-based double-hurdle models with flexible margins
  5. Realist Inquiry
  6. Microstructure by design
  7. The most frequent phrasal verbs in English language EU documents - A corpus-based analysis and its implications
  8. Der „reflective practicioner“
  9. "Was tun?"
  10. Enhancing public participation through social learning and local identity
  11. How Big Does Big Data Need to Be?
  12. Links between media communication and local perceptions of climate change in an indigenous society
  13. The Power and Peril of Precise vs. Round Health Message Interventions to Increase Stair-Use
  14. On the impact of network size and average degree on the robustness of centrality measures
  15. Final departure
  16. Generalized Between Icon, Symbol and Index
  17. Dialogue on Writing
  18. Motivation for the Continuation of Work
  19. Modelling and simulation of dynamic microstructure evolution of aluminium alloys during thermomechanically coupled extrusion process
  20. Culture as an Engine of Local Development Processes
  21. Value creation in post-pandemic retailing
  22. Quand la mémoire devient image de souvenier
  23. Comparison through conversation
  24. The impact of digital innovation on path-dependent decision-making
  25. Misconceptions of Measurement Equivalence
  26. Quality Education and lifelong learning for all: trying to get to grips with the iridescent, multifaced, and at the same time universal character of SDG 4