Blockchain and Trade: Not a Fix for Brexit, but Could Revolutionise Global Value Chains (If Governments Let It)

Author: Nicolas Botton

Price FREE Publisher European Centre for International Political Economy (ECIPE) Publication date 15 January 2018 ISBN

Publication synopsis One of the most tone-deaf suggestions in the Brexit proceedings so far came in August 2017, when the UK Brexit team released a long-awaited position paper setting out its proposal on how to manage its border with Ireland. It suggested that "technology-based solutions" – meaning blockchain, the technology behind cryptocurrencies such as Bitcoin – could be implemented to "make it easier to comply with customs procedures."

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