Assertion certainty 4/5 debate potential 3/5

Khanna: Ethereum and blockchain lower global shipping and trade costs

Parag Khanna · a16z Podcast | Connectivity and the Internet as Supply Chain · Jan 2, 2019 · at 20:21

Parag Khanna, author and global strategist, explains how blockchain and crypto networks lower financial and administrative friction for global shipping.

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“So of course, Ethereum you know, and blockchain technologies really reduce the transaction cost and the transparency and the security. Of participating in global economic transactions, in getting your goods from, you know, the village in country X to the big city in country Y.”

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