Banks and start-ups test blockchain for supply chain and trade finance docs

By |July 1st, 2016|

Seven banks have revealed ‘proof of concept’ testing for the use of blockchain technology in supply chain and trade finance, according to Deloitte. “Because current paper systems drive US$18 trillion in transactions per year, there’s an attractive opportunity to decrease costs and improve reliability in supply chain and trade finance,” says the firm. At least [...]