$1 Trillion Boost In Trade Finance Via Blockchain: World Economic Forum

$1 Trillion Boost In Trade Finance Via Blockchain: World Economic Forum
фото показано с : cryptodaily.co.uk

2018-9-15 23:00

Blockchain can transform the supply chain. By using blockchain, small- and medium-size businesses (SMEs) around the world can obtain $1 trillion in trade financing, according to Sept. 13 whitepaper by World Economic Forum and consulting firm Bain & Co.

The technology can be especially important in providing capital and improving efficiency in emerging countries — which often lack banking infrastructure and digital processes.

The authors of “Trade Tech – A New Age for Trade and Supply Chain Finance” point to red tape and excessive documentation as stifling international trade, especially in regions like Asia and Africa.

Continue reading $1 Trillion Boost In Trade Finance Via Blockchain: World Economic Forum at Crypto Daily™.

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Источник: cryptodaily.co.uk

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