(3.20.17) WIRED: The Blockchain will save healthcare and shipping billions of pounds

By March 20, 2017 News

The world is full of big figures, but this one is more shocking than most. $600bn (£483bn) is lost every year from global trade as a result of “maritime fraud” – when goods go walkabout from ships during transactions. And this is just one tiny part of the global business of trade. Add it all up, and there are likely trillions of dollars lost to fraud each year. A coalition of companies, coders and charities believe they have a solution: the blockchain.

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