CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

The Coin Rise 2025-04-15 10:20:18

Trade Wars Stir Crypto Chaos—but Spark New Blockchain Utility, Says Truebit

As global trade tensions climb, a new narrative is emerging from within the crypto sector—one that sees opportunity amid uncertainty. Following U.S. President Donald Trump’s April 2 announcement of sweeping import tariffs , blockchain developers are weighing in on how decentralized technologies might play a stabilizing role. Among the most vocal is Truebit, a blockchain protocol known for its scalability and trustless verification solutions. Truebit’s CTO, Federico Kattan, believes that blockchain can be a crucial tool in maintaining fairness in trade enforcement. “Blockchain can really help prove provenance,” Kattan emphasized, explaining that as countries look to maneuver around tariffs by repackaging goods in low-tariff regions, transparent digital ledgers can verify true origins. For instance, companies might exploit loopholes to reclassify products and avoid paying steep tariffs—but blockchain can provide an immutable record of every stop a product makes. With Trump’s proposed tariffs threatening $2.4 trillion in U.S. imports—and potential retaliatory policies compounding the number—regulatory oversight will be tested like never before. Blockchain could step in as a digital referee, offering indisputable evidence in supply chain documentation. Quiet Progress of Truebit While not yet engaged with governments directly, Truebit is carving out a quiet but strategic path forward. CEO Jason Teutsch noted that the project is actively collaborating with software vendors who build tools for government agencies. “That’s where we want to be,” Teutsch said, underlining Truebit’s intention to integrate Web3 solutions into the very foundation of international compliance systems. Truebit isn’t just theory—it’s been around since 2017 and launched its native token, TRU, in 2021. With a fully diluted market cap of around $20 million, according to CoinGecko, it remains a relatively small player—but one that’s making careful, calculated moves. The company is also participating in an EU-funded initiative exploring how blockchain can support global logistics and compliance in supply chains. Risks on the Horizon for Crypto Infrastructure Not everyone in the crypto community is optimistic. Several blockchain executives warn that a deepening trade war could disrupt not just commerce, but also the very infrastructure that supports decentralized networks. Nicholas Roberts-Huntley, CEO of Concrete & Glow Finance, warned that tariffs could fracture international regulatory standards, complicate validator operations, and even lead to user censorship in some jurisdictions. The post Trade Wars Stir Crypto Chaos—but Spark New Blockchain Utility, Says Truebit appeared first on TheCoinrise.com .

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约