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Where Have You Been? Blockchain for Tracking Goods in Trade

Blockchain technologies will play an increasing role in international trade. Using blockchain to track the origins of raw materials and follow domestic and international supply chains can help meet the increasing demand for consumer information about globally produced goods, providing more transparency and accuracy about a product’s long journey to the store.

Life Sciences in MA Feature

One Square Mile in Cambridge: A Prescription for Global Investment in the U.S. Life Sciences Sector

Cambridge is a major hub in Massachusetts’ life sciences ecosystem. What makes up the DNA of vibrant biopharma and medical device industries? Trade associations, overseas governments and investors, and U.S. government agencies at the federal, state, and local levels are all part of the prescription for economic growth.

Young corn growing in dry environment

Water Scarcity Threatens Global Agriculture Trade

Over 70 percent of water consumed globally is poured into crop and livestock production. But the water we need to drink, to grow food, and to produce industrial goods is under stress and becoming scarcer in parts of the world. What kinds of solutions offer better opportunities for managing scarce water resources to ensure we can continue growing enough food?

Japanese-KitKats

Cherry Blossom KitKats, Bubble Tea, and Pocky Sticks: Trade Spreads Asian Twist on Snacks

Cherry blossom, green tea, and red bean are popular flavors in Asia used in a wide variety of snack foods. The core ingredients of some of these snack foods were not native to Asia. But global trade spread access to non-native plants and ingredients, enabling other countries to put their own flavor spin on new products.

Alipay

Will China’s Big Techs Overtake Silicon Valley?

Tencent and Alibaba are names you need to know. They are leaders among China’s five Big Tech firms. They are growing fast and starting to rival American giants Apple, Amazon, Alphabet, Microsoft, and Facebook. Whoever among these giants acquires the most consumer information on habits, preferences, spending patterns, and financial behaviors stands to win in our growing global digital economy.

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Toward a Global Cashless Economy

At some point between the start of the Thanksgiving holiday and Cyber Monday, did you reach for your credit card or use another secure payment system like PayPal to make a purchase online? You’re in good company: 259 million Americans routinely buy online. Last year, internet sales in China on “Single’s Day” reached $25.3 billion — $6 billion more than what Americans purchased online over the entire Thanksgiving weekend. In the future, the whole world just might be cashless.

Boy with starry sky

The Global Space Economy is Taking Off Like a Rocket

Until recently, the gains from commercial use of space manifested primarily in the growing use of satellites that enable precise navigational maps in your car and the dish on your roof to channel satellite television into your home. A new era is dawning in which private companies routinely launch payloads into space. We’re a long way off from having the framework of rules we might need here on Earth to accommodate the take off of the global space industry.

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Patents aren’t a Pat on the Back, They are the Backbone of Life-Enhancing Discoveries

The National Inventors museum inducted fifteen more members into its Hall of Fame. Among those honored were Marvin Caruthers, Arogyaswami Paulraj, and Stan Honey. You may not have heard these names, but you’ve benefited from their inventions.

Medical Pills in Blister Packs on the Production Line

The Role of Trade in Your Medicine Cabinet

Despite the diffusion of drug production globally, a full three-quarters of spending on medicines in the United States is on products that are manufactured domestically, by both American and foreign companies.

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How Your Collar Stays Stiff and Your Yoga Pants Stretch

The super powers of the materials in our jeans, suits, and mattresses require textile innovation, something at which American researchers, engineers, and designers in the textile industry excel.