Unblocking the Bottlenecks and Making the Global Supply Chain Transparent: How Blockchain Technology Can Update Global Trade

The emergence of Distributed Ledger or Blockchain Technology BCT, stands to impact many parts of our society; from revolutionizing healthcare, to safeguarding voting, to keeping our data private. To the same affect, BCT stands to empower the very underpinnings that go into international trade: trust...

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Main Author: Hanna Norberg
Format: Article
Language:English
Published: University of Calgary 2019-03-01
Series:The School of Public Policy Publications
Online Access:https://www.policyschool.ca/wp-content/uploads/2019/03/Global-Supply-Chain-Norberg-final.pdf
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spelling doaj-16ccca2297ab46e19f87f1a09435ec022020-11-25T00:13:21ZengUniversity of CalgaryThe School of Public Policy Publications2560-83122560-83202019-03-0112912410.11575/sppp.v12i0.61839Unblocking the Bottlenecks and Making the Global Supply Chain Transparent: How Blockchain Technology Can Update Global TradeHanna NorbergThe emergence of Distributed Ledger or Blockchain Technology BCT, stands to impact many parts of our society; from revolutionizing healthcare, to safeguarding voting, to keeping our data private. To the same affect, BCT stands to empower the very underpinnings that go into international trade: trust, traceability, accessibility and streamlining processes. As so many times before (e.g. ICT as well as the invention of the shipping container), novel technology lowers the costs and empowers international trade. This time to go from creating global value chains to scrutinizing and optimizing them. The aim of this policy brief is as follows; First, to provide a brief overview of the technology, the use and potential effects on international trade. Second, to provide some guidelines for policy makers on how to prepare for the development of the technology. https://www.policyschool.ca/wp-content/uploads/2019/03/Global-Supply-Chain-Norberg-final.pdf
collection DOAJ
language English
format Article
sources DOAJ
author Hanna Norberg
spellingShingle Hanna Norberg
Unblocking the Bottlenecks and Making the Global Supply Chain Transparent: How Blockchain Technology Can Update Global Trade
The School of Public Policy Publications
author_facet Hanna Norberg
author_sort Hanna Norberg
title Unblocking the Bottlenecks and Making the Global Supply Chain Transparent: How Blockchain Technology Can Update Global Trade
title_short Unblocking the Bottlenecks and Making the Global Supply Chain Transparent: How Blockchain Technology Can Update Global Trade
title_full Unblocking the Bottlenecks and Making the Global Supply Chain Transparent: How Blockchain Technology Can Update Global Trade
title_fullStr Unblocking the Bottlenecks and Making the Global Supply Chain Transparent: How Blockchain Technology Can Update Global Trade
title_full_unstemmed Unblocking the Bottlenecks and Making the Global Supply Chain Transparent: How Blockchain Technology Can Update Global Trade
title_sort unblocking the bottlenecks and making the global supply chain transparent: how blockchain technology can update global trade
publisher University of Calgary
series The School of Public Policy Publications
issn 2560-8312
2560-8320
publishDate 2019-03-01
description The emergence of Distributed Ledger or Blockchain Technology BCT, stands to impact many parts of our society; from revolutionizing healthcare, to safeguarding voting, to keeping our data private. To the same affect, BCT stands to empower the very underpinnings that go into international trade: trust, traceability, accessibility and streamlining processes. As so many times before (e.g. ICT as well as the invention of the shipping container), novel technology lowers the costs and empowers international trade. This time to go from creating global value chains to scrutinizing and optimizing them. The aim of this policy brief is as follows; First, to provide a brief overview of the technology, the use and potential effects on international trade. Second, to provide some guidelines for policy makers on how to prepare for the development of the technology.
url https://www.policyschool.ca/wp-content/uploads/2019/03/Global-Supply-Chain-Norberg-final.pdf
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