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WTO values global impact of blockchain at $3 trillion by 2030.

The World Trade Organization has issued a report outlining the economic value blockchain is expected to have on the global economy.  Investment is expected to peak again with proven, successful models established by 2026 and in 2030 the technology could show an impact of $3T.

By removing barriers in the areas of: trade finance, customs clearance, logistics and transportation, blockchain could result in $1T of new trade within the next decade.  The report acknowledges issues associated with blockchain such as: scalability, energy consumption and security, must be addressed before effective use happens and the impacts on international trade will also require further investigation.

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