In her recent Forbes article, Sandy Carter explores how blockchain and AI technologies can help businesses navigate the challenges of increasing global tariffs. As countries implement complex U.S. tariff structures—with rates now ranging from 10% to over 50% depending on product origin—companies need smarter ways to track goods, verify origins, and ensure compliance. Blockchain provides immutable records of product origins while AI analyzes tariff regulations in real-time, with verification technology like Truebit’s serving as the crucial link between them.
Truebit’s founder Jason Teutsch explains that while blockchain can track shipping records and AI can analyze tariff patterns, verification technology addresses the critical gap between them by ensuring computational integrity. Real-world applications include Truebit’s work with Quadrans Foundation on the EU-funded TRICK project for transparent supply chain tracking. Emerging startups like Robotax are also addressing this space, focusing on the verification challenges in global taxation compliance. As tariffs become increasingly complex, companies embracing these complementary technologies will gain significant advantages in navigating international trade challenges.
You can read the full article here.
