A sweeping new initiative called ADAPT (Africa Digital Access and Public Infrastructure for Trade) focuses on reshaping how ...
State Bank of India is revolutionizing its trade finance operations with a centralized digital hub for eastern and ...
In 2018, the World Trade Organization asked: can blockchain revolutionize international trade? It reported on possible applications of blockchain and stated that the technology opened interesting ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The POV successfully demonstrated the transfer of a series of structured ...
U.S. Bank has completed its first fully digital trade finance transaction as financial institutions move away from paper-based processes for international trade. The national bank worked with the ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Blockchain technology, often hailed as the backbone of digital currency, has steadily ...
In 2017, Atul Khekade and Ritesh Kakkad found themselves at a crossroads. Blockchain technology was gaining momentum, but existing platforms were either too rigid for enterprise use or lacked the ...
In a groundbreaking move, TradeFlow Capital, a prominent SME trade finance provider, successfully executed a digital transaction utilizing an e-bill of lading, raising liquidity against a seven-day ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The shipping industry is undergoing an accelerated path of digital transformation spurred by ...
In a world of rapid technological advancement, global trade seems to be an anomaly, still deeply anchored in antiquated, paper-based processes of the past. For a cargo owner in 1450, a bill of lading ...
Trade finance reduces payment and delivery risks in international transactions. Letters of credit are key tools in trade finance, ensuring payment upon delivery. Effective trade finance is vital for ...