Summary: In 2017, Global Financial Integrity estimated the global drug industry added up to $652 billion of trade per year, making it the second biggest underground market after the counterfeit and pirated goods market. When you add in the domestic and household economy of the world’s households, the “under the table” economy, you get something that adds up to 3/4 of the world’s total economic activity. What role will blockchain play in our black market transition to the information age?
