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This Blockchain Stock That Will
Undermine Trump’s Tariffs |
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In
last week's article, we
discussed how the blockchain
is starting to be used to
trace our food from the farm
literally to our table. This
has become more important as
incidents like the recent
romaine lettuce scare seem to
be more common.
An even bigger opportunity
lies with shipping.
A very long paper trail begins
when a cargo owner books space
on a ship to move goods.
Documents need to be completed
and approved before cargo can
leave one port and enter
another.
A single shipment may require
hundreds of pages that need to
be physically delivered to
dozens of different agencies,
banks, customs bureaus, etc.
The size of the world's
trading ecosystems continue to
grow exponentially. More than
$4 trillion in goods,
including 80% of consumer
goods, are carried by the
ocean shipping industry.
Just about every item in your
home today arrived via a
global network that transports
everything from food and
medicine to apparel and
electronics.
Total trade represents 60% of
the world's GDP, and yet
global supply chains are
clogged with inefficiencies
and are heavily reliant on
complex paper-based systems
until now.
Here's how two companies are
tackling this problem and are
about to reward shareholders.
Click
here to continue reading...
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| Tony
Daltorio |
| Formerly
a broker with one of the major
brokerages Tony is our in-house
expert on growth and technology
stocks. He is editor of Growth
Stock Advisor. |
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