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Article • Apr 14, 2025

Truebit Utilizes Blockchain for Trustless Verification Amid Escalating Trade Wars

Truebit
Truebit Utilizes Blockchain for Trustless Verification Amid Escalating Trade Wars
Summary
  • Truebit executives see blockchain technology as a solution to establishing provenance and proving the chain of custody in the face of escalating trade wars and high tariffs.
  • Blockchain networks can enhance supply chain transparency by recording transactions on an immutable public ledger, limiting the scope for fraud in importing goods.

Source: https://cointelegraph.com/news/trade-wars-could-spur-governments-embrace-web3-truebit

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