Quote from: VitalyP on October 11, 2017, 08:43:15 AM

Quote from: harryb on October 11, 2017, 08:19:45 AM

How could a greater traceability of goods change the way we do online trading? Any examples of the most disruptive solutions?

Hello harryb. Thank you for your question.
Let me picture some example.
For instance, lets take trade data, which serve as the backbone for the trade finance workflow: the approval and matching of data found in trade documents such as invoices can be a trigger for events that follow, such as the transfer of ownership or execution of a payment. By facilitating easy access to data and end-to-end transparency of the entire value chain, crypto technologies can facilitate an improved exchange of trade information. The real-time visibility of events along a supply chain means that financing triggers can be identified sooner, which means that funds can be released faster. Also credit ratings and risk assessment procedures could benefit from a better availability and auditability of trade data. Abstracting from trade data, with a blockchain based trading platform in place and a cryptocurrency properly designed for the purpose, it would be possible to build a value ecosystem, with features to support applications that third parties could build and that are yet unimagined: Ethereum ecosystem docet. Some of the most imaginable use cases which could stem from a value ecosystem for trade finance include, for instance, supply chain digital tracking, a blockchain-based Digital Thread for Additive Manufacturing (DTAM) underpinning all the transactions occurring throughout the digital and physical life cycle for additive manufacturing and trade finance solutions based on IoT-generated data.

Well - I think that's quite detailed explanation. But also juts from the common sense standpoint if you can always trace your payments transactions status and your good processing & delivery status and do it in 1-1 regime it's awesome and builds a lot of credibility and trust between the trading partners, IMO