Trade wars could spur governments to embrace Web3 — Truebit

Escalating trade wars are rattling cryptocurrency markets — but they are also creating new use cases for blockchain networks, Truebit executives told Cointelegraph.  On April 2, President Donald Trump announced plans to charge sweeping tariffs on US imports, prompting other nations to threaten retaliatory measures. Trump later paused the tariff rollout for certain countries — but the possibility of a global trade war still looms, especially after Trump reiterated his commitment to taxing Chinese goods. If high tariffs materialize, blockchain technology can play an important role in ensuring governments apply them fairly, according to the executives source: https://cointelegraph.com/news/trade-wars-could-spur-governments-embrace-web3-truebit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound