Following the launch of TFG / WTO / ICC’s publication “Blockchain & DLT in trade: A reality check” in November 2019 at the WTO Global Blockchain Forum, this updated research study provides an overview and updated periodic table.
The study outlines the main projects, categories into Supply Chain Finance, Trade Finance, Know Your Customer (KYC), Insurance, DLT Digitization of Trade Documents, Shipping & Logistics / Supply Chain, Other Initiatives and Marketplaces. The authors also mapped out 19 standardization initiatives, split by sector or process, general trade, private sector-led and regional / national initiatives, as well as the international standards bodies.
The study also contains a supplementary survey, analyzing the impact of the coronavirus pandemic on trade digitization.
Video: WTO & TFG Launches ‘Blockchain & DLT for Trade: Where do we stand?’
Authors: Emmanuelle Ganne, Senior Analyst, Economic Research and Statistics Division, World Trade Organization (WTO) & Deepesh Patel, Editorial Director, Trade Finance Global (TFG)
Special Thanks: Waqas Mirza, CEO – Avanza Innovations