Predictions for trade in a blockchain world

[Together with Alastair Berg and Brendan Markey-Towler this article was published at Machine Lawyering]


As goods move from producers to consumers, information about those goods must travel with them. Where did a product come from? Is this wine fake? How fresh is this lobster? Modern supply chains, however, are remarkably long and complex. This complexity makes it costly to produce trusted information about goods. Blockchain and other distributed ledger technologies are poised to help lower information costs, potentially expanding and reshaping global trade. Continue reading