Revolutionizing Global Supply Chains One Block at a Time: Growing International Trade with Blockchain: Are International Rules Up to the Task?

Abstract

There is growing interest in blockchain’s potential to transform the logistics of international trade through its application to supply chains to increase efficiencies and minimize vulnerabilities. Yet for blockchain to truly transport supply chains on a global scale, laws and regulations that facilitate and support its implementation are required. This article explores potential regulatory barriers to the development of blockchain technology in supply chains and asks whether there is a role for international trade rules to address these barriers.