Blockchain Technology to Close $1.5 Trillion Trade Financing Gap

Blockchain Technology to Close $1.5 Trillion Trade Financing Gap
фото показано с : btcmanager.com

2018-9-17 15:00

According to research conducted by the World Economic Forum (WEF) and Bain & Company, digitization and advanced technologies, like blockchain technology can help global businesses close the $1. 5 trillion trade financing gap.

Traditionally, trade and supply chains involve several stakeholders who make verifying information and reconciliation difficult. However, since blockchain technology operates as a shared database, it can eliminate many. . . The post %%POSTLINK%% appeared first on %%BLOGLINK%%. .

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trade blockchain technology gap trillion close financing

Источник: btcmanager.com

trade blockchain → Результатов: 126


European Parliament calls for measures to boost blockchain adoption in trade

The European Parliament (EP) has called for measures to boost blockchain adoption in trade and business across the region, Coindesk reported. On December 13, the legislative body adopted a resolution, dubbed “Blockchain: a forward-looking trade policy,” setting out how the nascent technology could improve EU trade policies, including free trade and mutual recognition agreements. The […]

2018-12-15 18:25


Southeast Asian Government Corporation Implements Worldwide Cryptoledger

Singapore e-government service provider CrimsonLogic has unveiled its cross-border blockchain network for global trade, according to a July 18 press release. Dubbed the Open Trade Blockchain (OTB), the platform is principally designed to boost the efficiency of trade corridors between China and the Association of Southeast Asian Nations (ASEAN) nations. Various operators have already signed

2018-7-19 20:10


Фото:

Government-backed Blackwater Trade Platform in Singapore begins

CrimsonLogic, a Singapore-based e-government service provider owned by a government agency and a major port operator, has announced the launch of a blockchain platform focused on cross-border trade. Dubbed GeTS Open Trade Blockchain, the platform is a permissioned network that is run and validated by accredited trade compliance firms acting as nodes. Trade volume between ASEAN

2018-7-19 12:29


Hong kong Block chain Finance Trade

Hong Kong’s de facto central bank will launch its own blockchain trade finance solution with 21 banks in August, Financial Times (FT) reported Sunday, July 15. The joint venture between the Hong Kong Monetary Authority and Chinese company Ping An Group’s fintech subsidiary OneConnect aims to substantially reduce paperwork, costs security risks for participants, FT

2018-7-16 18:36


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Singapore, 16 July 2018 – Singapore’s leading cryptocurrency trading platform, Tokenize Xchange, has announced its Initial Coin Offering (ICO) sale. Despite the sea of emerging ICOs and other blockchain based platforms, the access to such cryptocurrency tokens is still severely lacking.

2018-7-16 13:50


American Blockchain And Cryptocurrency Association (ABCA) Launches

A new Washington-DC based trade association, American Blockchain and Cryptocurrency Association (ABCA), has officially opened its doors to membership. ABCA is a recently formed 501(c)(6) trade association, whose mission is to advance a vision for how distributed ledger technologies and cross-border innovations, including cryptocurrencies and blockchain technologies, can lead to sounder markets. The ABCA recently […]

2018-7-13 11:58


Trade.io to List SelfKey (KEY) Token & Use Blockchain Identity System For Exchange

Trade. io Forms Alliance With SelfKey to Make Registration Processes on Crypto Exchanges Proficient Cryptocurrency exchange, trade. io has revealed that it will be partnering with SelfKey, a self-sovereign identity system, to rid the typical registration processes for exchanges into one that is simple, effective and time-saving.

2018-7-13 05:45


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The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.

2018-7-13 17:16


Security Trade Blockchains Explored by Banco Santander

Spain-based Banco Santander has announced the creation of a blockchain research team to look into the technology’s potential to change securities trading, according to a July 11 press release. The “Digital Investment Banking” team, headed by current leader of Santander’s blockchain lab John Whelan, will “explor[e] the use of tokenized securities in debt capital markets,

2018-7-12 23:48


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The main Korean logistics company connects Blackhawe to Lotte Transport Alliance

South Korea’s Lotte Global Logistics, a major Seoul-headquartered logistics and shipping firm, has joined the Blockchain in Transport Alliance (BiTA), FreightWaves reported Monday, July 9. The BiTA trade association was formed in 2017 to popularize and develop blockchain applications in the transport and logistics industries, as well as to establish industry standards for adoption of

2018-7-11 17:13


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