Blockchain: a Tool for Global Trade
"Blockchain has frequently been called the invention of the century, prompting a frenzy that has slowly moved from the fringes into the mainstream. Higher-profile companies have started attaching themselves to the technology. Old timers like Eastman Kodak saw their shares more than double in a single day after they announced the release of a cryptocurrency.
Blockchain can efficiently regulate complex industries, while both promoting economic growth and ensuring consumer protection. Two London-based companies are exploring ways to apply blockchain to supply chain management in particularly contentious industries: seafood fishing, particularly tuna, and diamonds. The €16 billion-per-year supply chain sector is the backbone of global trade, but is fraught with high transactional costs, errors, and fraud."
Read more at:
https://intpolicydigest.org/2018/01/24/beyond-the-bitcoin-bubble-a-new-toolkit-for-regulators/
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