Blockchain technology for international trade: beyond the single window system

Abstract

This chapter considers how supply chains can be made more efficient in order to achieve the objective of maximising the stakeholders’ economic profitability, while meeting the diverse range of customer requirements. The underlying discussion pertains to the role of emergent blockchain technology which is beginning to influence how firms and IT service suppliers improve supply chain agility and flexibility using blockchain. It goes on to discuss the role of blockchain in global supply chain management and cross-border trade and explores the future of supply chains underpinned by blockchain.