Beyond Fintech : Leveraging Blockchain for More Sustainable and Inclusive Supply Chains

Niforos, Marina

International Finance Corporation, Washington, DC

关键词: SUPPLY CHAIN;    BLOCKCHAIN;    DISTRIBUTED LEDGER TECHNOLOGY;    FINANCIAL TECHNOLOGY;    FINTECH;   

RP-ID  :  120260

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

One of the most noticeable and importantdevelopments of the advance of free trade over the last halfcentury has been the emergence of global value chains. Theseproduction and supply networks cross multiple borders andconnect advanced and emerging economies. They are vehiclesthat can deliver on many of the promises of globalization.Yet operating them is complex and costly. Global trade sincethe great recession has slowed, in part because of a lack oftransparency and interoperability within these networks.Blockchain, a technology with unique abilities to record,track, monitor, and exchange assets without need of anintermediary, may be the solution to many of the logisticaland cost issues that plague the growth and operation ofglobal value chains, especially in the case of food,agribusiness, and pharmaceuticals. It also has potential toaddress issues of inclusion.