From Supply Chains to Demand Chains: The Future Is Local

Photo by Priscilla Du Preez on Unsplash

The following is adapted from Bitcoin Pizza: The No-Bullshit Guide to Blockchain.

Over the past few decades, the globalization of supply chains has gone from being a radical outlier to a commonplace. The simplified version of the story runs that, as communications technologies connected us globally, and transport technologies enabled the shipping of parts, local…