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A Web3 Startup Aims to Change the Game in the Tariff Wars
The ongoing trade tensions and tariffs have been causing chaos in the global market. Now, a new player is entering the fray with a bold claim: using blockchain technology to track tariffs automatically on goods coming into and out of the USA.
Watr, a Web3 startup, aims to revolutionize the commodities trade by providing pre-trade tariff validation “onchain”. This means that companies can know upfront whether their products comply with regulatory requirements before making any deals. The company’s blockchain platform is designed to be particularly useful in today’s uncertain trade landscape, where tariffs and sanctions are causing significant disruption.
The startup has already gained attention for its early success in the ESG (Environmental, Social, and Governance) space, but it now seems to be refocusing on providing a solution that could benefit from the current chaos in global trade.
Source: https://techcrunch.com/2025/04/03/could-web3-change-the-game-in-the-coming-tariff-wars/
