This course introduces participants to blockchain technology and provides a basic understanding of its main features. It begins by highlighting the business value of blockchain and the relevance of the technology for international trade. The lectures then move to explain the difference between blockchain and distributed ledger technology (DLT), defining key use cases for digital identity (ID), supply chain management, transportation / logistics, intellectual property rights, trade facilitation and financial services. The lectures further examine the opportunities blockchain / DLT may create for small producers and enterprises, especially those located in developing countries. Finally, the course explores the “blockchain for trade” ecosystem, implementation decision-making tools, regulatory requirements and other challenges that must be addressed before the technology can be used on a wide scale and generate significant impact. 

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After completing this course, participants will be able to:

Explain blockchain technology and the different categories of blockchains;
Describe how blockchain can be used in international trade;
Decide if blockchain is an appropriate solution to a well-defined problem; and
Identify challenges to the adoption of blockchain technology.