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WEF Explains How Blockchain Can Help Calm Global Supply Chain Chaos

Published 04/06/2020, 05:25 AM
Updated 04/06/2020, 07:00 AM
WEF Explains How Blockchain Can Help Calm Global Supply Chain Chaos

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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