WEF Explains How Blockchain Can Help Calm Global Supply Chain Chaos

Cointelegraph

Published Apr 06, 2020 05:25AM ET

Updated Apr 06, 2020 07:00AM ET

As the COVID-19 pandemic brings major economies to their heel under lockdown, there is mounting concern that the global trade and supply chain system could buckle within weeks.

Collapsed supply and demand, transport frictions, labor shortages and, in some cases, early signs of protectionism, are making it increasingly tough for suppliers to keep goods and services flowing across global value chains.

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