Trade Finance - CORDA
Trade finance is a complex cross- border process, largely Paper-based process involving many players and an overwhelming Documentation & Manual Approvals, all this resulting in a poor customer experience.
Trade Finance - CORDA
Technology: R3 Corda
Industry: Finance
Segment: International Trading
Client Region: Europe
The advent of Blockchain marked the beginning of a new era, one which will disrupt every industry and revolutionize the way it operates. From recognized banks to even a shoe company like Nike, Blockchain has seen massive adoption in the past couple of years alone, which bears witness to the promised revolution. Its ability to bring trust and transparency between two parties, eradicating the need for a third party makes it a perfect fit for several industries. One such industry subjected to the might of Blockchain is the industry of
Trade Finance.