John Richard Chapman III is a Partner in our
Fort Lauderdale Office.
By now you have heard of Bitcoin and likely even blockchain. You
have probably read or heard the stories of how blockchain will
revolutionize the world in a manner unseen since the internet
debuted. But can blockchain really prevent slavery and protect the
world's most precious resources? Many believe the answer is
yes. And those that believe in the technology are investing heavily
to implement blockchain in our everyday lives, including in the
food we eat.
Seafood, a $151 billion dollar industry, is the most widely
traded animal protein in the world and the world's largest
traded food commodity. In the United States, 90% of the seafood
consumed is imported from Southeast Asia. The Asian seafood
industry has come under significant criticism from human rights and
environmental groups. Recent documentaries and investigative
reports illustrate the darker side of the industry, identifying
problems
