Blockchain in Trade Finance and Supply Chain
Nikola Roginic
Adoption
4 years ago
1 QCP
EU Blockchain Observatory and Forum has just published today the report "Blockchain in Trade Finance and Supply Chain".
Main Takeaways:
- There may be competitive advantages in being able to prove provenance, increase transparency or discover new business models based on blockchain. Being an early adopter could reap rewards. Missing out, on the other hand, risks falling behind.
- Europe should continue its support of research and development in blockchain
- We recommend supporting research in the areas of the interoperability between different blockchains
- Governments could get more hands-on in supporting dialogue, as well as prov idingincentives to adoption
- There is much to be done in clarifying the legal validity of blockchains as registries and of blockchain-based contracts, signatures and timestamps.
https://lnkd.in/dHFadTY
Main Takeaways:
- There may be competitive advantages in being able to prove provenance, increase transparency or discover new business models based on blockchain. Being an early adopter could reap rewards. Missing out, on the other hand, risks falling behind.
- Europe should continue its support of research and development in blockchain
- We recommend supporting research in the areas of the interoperability between different blockchains
- Governments could get more hands-on in supporting dialogue, as well as prov idingincentives to adoption
- There is much to be done in clarifying the legal validity of blockchains as registries and of blockchain-based contracts, signatures and timestamps.
https://lnkd.in/dHFadTY
- Supply chain
- Blockchain
- EU
- Finance
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