Beyond Tariffs and Chaos — Blockchain Emerges as the Backbone of a Parallel Economy
The Trump administration is pushing a policy trajectory marked by tariffs and sanctions aimed at reshoring production. Despite technology-friendly exemptions, this dramatic turnaround seems like the White House is treating global trade as its playground. The president’s tariff agenda is fracturing supply chains overnight and disregarding long-standing economic rules. However, amidst this chaos, a new economy is quietly emerging with blockchain technology at its core.
According to Ross Shemeliak, co-founder and chief operating officer of Stobox, this parallel economy is gaining momentum. The administration’s policies may be causing disruption, but they are also accelerating the adoption of blockchain as a backbone for this new economic system.
As global trade becomes increasingly volatile, businesses and individuals are turning to blockchain for its promise of transparency, security, and decentralization. This shift is happening quietly, beneath the radar of mainstream economic commentary, but it has the potential to reshape the global economic landscape fundamentally.
The emergence of this blockchain-based parallel economy represents a significant development in the ongoing evolution of global trade and finance. As the traditional economic order faces challenges from protectionist policies and trade tensions, blockchain technology offers an alternative framework that is more resilient and adaptable.
