Toward Frictionless Trade and Compliance with Blockchain

The internet is rapidly evolving from a tool for information exchange to a tool for value exchange. The internet of value — driven by blockchain and digital currencies — is enabling peer-to-peer commerce on a global scale.

In this article, Vertex Director of Strategic Development and Emerging Markets David Deputy and co-authors Griffin Andersen, of Consensys, and Blazej Kuzniacki, a research fellow with Singapore Management University, discuss blockchain based business models, including their unique fundraising mechanisms and decentralized nature, and explore options for using blockchains and artificial intelligence to resolve the problems of enforcing tax and trade regulations in this new market.