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Blockchain Technology to Close $1.5 Trillion Trade Financing Gap

WTO Report: Blockchain Technology Could Add $3 Trillion to International Trade by 2030

November 29, 2018 by Aisshwarya Tiwari at Bitcoin, Blockchain, Ethereum, News, Platform, Tech

A report published by the World Trade Organization (WTO), on November 27, 2018, claims that blockchain technology could potentially add $3 trillion to international trade and finance by 2030. However, it also mentioned that blockchain should not be considered a panacea, and a careful cost versus benefit estimate is required...

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