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Built on distributed ledger technology and developed through a cross-sector consortium, TWIN aims to address long-standing inefficiencies in cross-border trade by enabling secure, real-time data sharing across supply chain actors.
UK-based distributor Global Tea has adopted Enigio’s trace:original digital document solution. Implemented through Lloyds Bank’s Digital Documentary Collections product, the system replaces traditional paper-based processes with a fully digital alternative.
As our world becomes increasingly digital, the digital divide has widespread implications, and the least developed countries (LDCs) are most likely to be negatively affected.
RAKBANK, a UAE-based bank, has entered into a strategic partnership with Cleareye.ai, a US-based fintech. The collaboration aims to automate elements of the bank’s trade finance operations and support its core system modernisation efforts.
Trade has been the driving force behind the rise and fall of civilisations, the expansion of empires, and the spread of technology, culture, and political ideologies.
The International Trade Centre (ITC) has published a new paper, Expediting Trade Through Electronic Bills of Lading, assessing how digital documentation is reshaping the movement of goods across borders.
MonetaGo and Digital Vault Services GmbH (DVS) have announced a new strategic partnership which will bring together DVS’s market infrastructure solution for digital guarantees and MonetaGo’s expertise in financial infrastructure solutions and fraud prevention.