JPM's Chang on the Evolution of Blockchain Technology

The video discusses the progress and challenges in trade finance, focusing on the need for centralization and the hurdles posed by regulatory and privacy issues. It highlights the potential of blockchain technology and the importance of first mover advantage. The video also explores industry-specific challenges, particularly in the supply chain, and the barriers faced by new platforms in achieving cost savings and efficiency.

How has the adoption of blockchain technology in trade finance evolved over the past year?

What are the main challenges faced in the institutionalization of blockchain technology in trade finance?

In what ways can blockchain improve efficiency in trade finance, particularly regarding paperwork?

What role do data privacy and regulatory issues play in the implementation of blockchain in trade finance?

What factors contribute to the difficulty of automating inputs in the supply chain compared to trade finance?