Trade blockchain

trade blockchain

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Trade has always been shaped by technological innovation. In recent times, a new technology � Blockchain � has been greeted by many as the next big. In this blog post, we take a look at the benefits and challenges of using blockchain technology for clearing and settlement. Global supply chains have come under tremendous stress in recent times, causing price hikes and shortages in daily necessities around the.
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In fact, we are already witnessing collaboration between institutions, issuers and investors, technology platforms, and regulators when it comes to these matters. In recent times, a new technology � Blockchain � has been greeted by many as the next big game-changer. This publication explores the question of whether Blockchain may revolutionize international trade. In doing so, it offers insights into the extent to which this technology could affect cross-border trade in goods and services and in intellectual property rights. One of the main benefits of blockchain is that it offers a more efficient and effective clearing and settlement process.