Blockchain implementation opportunities and challenges in the Latin American and Caribbean logistics sector

Blockchain has the potential to transform logistics chains and the transport industry by reducing paperwork, improving checks, and enabling smart contracts. However, implementing blockchain faces technological, organizational, and regulatory challenges that could hinder benefits or exacerbate existing problems. Key issues include complexity, lack of trained professionals, processing times, and cybersecurity. Mass adoption of a single blockchain provider could also create market entry barriers or sector concentration issues. The document analyzes blockchain's potential and challenges for the region, and applications in logistics.

Blockchain Implementation Opportunities and Challenges in The Latin American and Caribbean Logistics Sector PDF

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