Smart Ledgers could conservatively result in approximately $35 billion in extra global trade on an annual basis, based on a range of assumptions regarding the potential cost savings and the respective trade transmissions. Assuming that the import savings costs are symmetrically replicated in terms of export savings, the global trade boost could rise towards $70 billion per annum.
With a bolder assumption that there was a symmetrical cost clawback on both imports and exports of 5%, as opposed to the 2.5% baseline assumption, then the value impacts could rise significantly.
Cebr adapted an option pricing model to show the potential gains associated with the volatility reduction properties of Smart Ledgers. They estimate that these savings could rise to approximately $172 million on a monthly basis. In linear terms, this comes to more than $2 billion per annum, just as a result of the volatility savings.
The webinar examined the methodology and findings of the respective report and assessed the potential global economic impact of related technologies.