Web3 could fix the lack of transparency in global trade, particularly in supply chain management. Opaque systems hide inefficiencies, fraud, and unethical practices like forced labor or environmental violations. Blockchain-based ledgers can provide immutable, real-time tracking of goods, ensuring all parties—producers, regulators, consumers—see the same data. This reduces disputes, cuts costs from middlemen, and builds trust. It’s a dealbreaker because opacity erodes confidence, inflates prices, and lets bad actors thrive, costing the global economy billions annually—$1.6 trillion in trade finance gaps alone, per WTO estimates. Transparent systems would streamline processes and democratize access to fair trade.