How blockchain can restore trust in trade

[rayancaleb]

Hi,
       The cloud-based ledger ensures that records can’t be duplicated, manipulated or faked, and increased visibility in parts of the supply chain promotes an unprecedented level of trust. It means governments can better protect citizens, while business partners can be certain trading documents are real. Consumers can check the quality and provenance of products, and banks can reduce processing time. And it’s all paperless.



Thanks to blockchain, all kind of legal, financial and product-related information can be made available. This allows even the least trusting parties to comfortably conduct business. With further investment and experimentation, blockchain could potentially hide confidential information to protect the interests of trading parties – pricing information, for example.



Does it work in the real world?


Please help.

Thanks!

I didn't find the right solution from the Internet.

References:
www.weforum.org/agenda/2017/02/blockchain-trade-trust-transparency/


AntiVirus video

[dstewartln23]

Also thanks to blockchain sports betting will become completely transparent over time. I read the article, here www.justambitious.com/the-role-of-a-blockchain-in-sports-betting/ and already knows it will happen.