Blockchain Technology to Close $1.5 Trillion Trade Financing Gap

Blockchain Technology to Close $1.5 Trillion Trade Financing Gap

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%%.

Source: BTC Manager