Today the World Economic Forum (WEF) published an extensive document about deploying blockchains. The paper entitled “Redesigning Trust: Blockchain Deployment Toolkit” covers everything from building an ecosystem and consortium through to interoperability, identity and cybersecurity. This one of numerous papers published by the WEF and incorporates several of them.
Given the disruption to supply chains as a result of COVID-19, many have observed that if blockchain had already been more widely deployed, it would have helped to provide more transparency. And digitization would have meant less disruption in the trade finance sector because paperwork tends to be in-office. Hence the WEF toolkit is timely.
“The blockchain deployment toolkit is essential for designing solutions that work for a multitude of actors, including smaller players who may not have access to the resources required to unlock the value of blockchain technology,” said Nadia Hewett, Blockchain and Digital Currency Project Lead, World Economic Forum USA.
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