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Blockchain for global trade

Trade Associations
Kids and Babies Supplies
From United States of America
To Argentina
178 views / 0 experts
Shivansh G.
Not rated
Aug 21, 2020
Do you recommend blockchain for global trade?

1 answer

Aug 24, 2020

I recommend achieving supply chain transparency because I am convinced that all supply chain partners will benefit from such transparency. Blockchain is a means to this end. But the technology enough does not suffice. Critical design decisions will define the degree of benefits. These include which data will be shared, from which sources, how qualitative this data will be, and in which format it will be captured. Solving the supply chain transparency problem requires access to rich structured data from reliable sources.

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