Why blockchain could become the new container of international trade
EMMANUELLE GANNE · Forum du commerce international/International trade forum · 2019
International trade in goods has experienced comparatively little innovation since Malcom McLean invented the intermodal sea container in the 1950s. Containerization revolutionized transport of goods. It cut freight costs drastically by removing the need for repeated handling of parcels. It did not, however, streamline bureaucratic processes or eliminate paperwork.