Blockchain and DLT in Trade

Distributed Ledger Technology (DLT), colloquially termed ‘blockchain’, is making the bold promise to help bring the trade industry into the digital age. All aspects of the industry, from the financing of transactions, right through to the actual physical movement of goods seem set to be disrupted by innovative thinkers designing new products and revamping processes. The World Trade Organization (WTO), Trade Finance Global (TFG), and the International Chamber of Commerce (ICC) have teamed up to produce this white paper exploring the broader impact that DLT is having on the trade industry.