Wednesday, 6 November 2019
DBS and Trafigura to launch open-source blockchain trade platform | Black Week
It will cut trade document transit time from 45 to 20 days. DBS Bank and energy company Trafigura, in collaboration with Infocomm Media Development Authority (IMDA), the International Chamber of Commerce (ICC), Enterprise Singapore and tradetech Perlin, has partnered to develop an open-source blockchain trade platform that will streamline manual paper-based trade processes and halve trade document transit time from 45 to 20 days, according to an…
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