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Can Blockchain Revolutionize International Trade?
An Advanced Introduction of the Technology
ISBN 9789287047601
Publication year: 2018

Cdn: $55.00; US: $40.00
Language: English
146 pages
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Trade has always been shaped by technological innovation. In recent times, a new technology, Blockchain, has been greeted by many as the next big game-changer. Can Blockchain revolutionize international trade?

This publication seeks to demystify the Blockchain phenomenon by providing a basic explanation of the technology. It analyses the relevance of this technology for international trade by reviewing how it is currently used or can be used in the various areas covered by WTO rules. In doing so, it provides an insight into the extent to which this technology could affect cross-border trade in goods and services, and intellectual property rights. It discusses the potential of Blockchain for reducing trade costs and enhancing supply chain transparency as well as the opportunities it provides for small-scale producers and companies. Finally, it reviews various challenges that must be addressed before the technology can be used on a wide scale and have a significant impact on international trade.

Table of contents:
  1. Introduction
  2. Blockchain in a nutshell
    • A brief history
    • Blockchain
    • Types of blockchains
    • Smart contracts – A smart invention with no smart component
    • Multiple applications ... but not a solution to everything
  3. Can Blockchain revolutionize international trade?
    • Towards paperless trade?
    • A new generation of services?
    • Strengthening intellectual property rights
    • Enhancing government procurement processes
  4. A world of opportunities ... and challenges
    • Multifaceted opportunities
    • Success is not a given
  5. Conclusion
  6. Annex – Blockchain for tech fans
  7. Glossary
  8. Bibliography
  9. Abbreviations
  10. List of figures and tables
Can Blockchain Revolutionize International Trade?
Cdn: $55.00; US: $40.00
World Trade Organization BookID: 125209 Added: 2019.6.25