The bridge between Blockchain and international trade
Blockchain has the potential to transform businesses and society. It provides an easy and safe way to record value and assets, enforce contracts and share data on a peer-to-peer network. It is a decentralized, distributed and public digital secured ledger that uses unalterable cryptographic techniques. Blockchain technology allows products and transactions to be traced easily.
How can this new technology transform world trade? With its new publication "Can Blockchain Revolutionize International Trade?", launched on 27 November 2018, the WTO attempts to build the bridge between the Blockchain community and the trade community.
Blockchain has the potential to transform businesses and society. It provides an easy and safe way to record value and assets, enforce contracts and share data on a peer-to-peer network. It is a decentralized, distributed and public digital secured ledger that uses unalterable cryptographic techniques. Blockchain technology allows products and transactions to be traced easily.
How can this new technology transform world trade? With its new publication "Can Blockchain Revolutionize International Trade?", launched on 27 November 2018, the WTO attempts to build the bridge between the Blockchain community and the trade community.