While 90% of goods in global trade are carried by the shipping industry, the cost of processing documents and information for a container shipment is estimated at more than twice the cost of the transport. What is needed to accelerate ₿itcoin and other distributed ledger technologies to bring efficiency, transparency, and interoperability to global supply chains?
Dimensions to be addressed:
– Smart contracts for physical goods
– Customs and tariffs payments at ports of trade
– Trade finance standards for machine-to-machine payments
Speakers:
· Irene Arias, Chief Executive Officer, Multilateral Investment Fund (MIF/FOMIN), Inter-American Development Bank, Washington DC.
· Leanne Kemp, Chief Executive Officer and Founder, Everledger, United Kingdom.
· Rebecca Liao, Vice-President, Business Development and Strategy, Skuchain, USA.
· Catherine Mulligan, Co-Director, Centre for Cryptocurrency Research and Engineering, Imperial College London, United Kingdom.
· Zhang Jin, Chairman of the Board, Cedar Holdings Group, People’s Republic of China.
Introduced by:
· Nadia Hewett, Project Lead, Blockchain and Distributed Ledger Technology, World Economic Forum, USA.
Moderated by:
· Yang Yanqing, Deputy Editor-in-Chief, Yicai Media Group, People’s Republic of China.
http://www.weforum.org/