A session by Loh Sin Yong from Infocomm Media Development Authority (IMDA) at TXF’s Global Trade Virtual 2021, explored one potential solution to the now highly paper-reliant trade.
SWIFT and Singapore’s Infocomm Media Development Authority (IMDA) today signed a Memorandum of Intent (MOI) to accelerate trade digitalisation globally.
To help drive digital adoption in trade, Stephenson Harwood, in alliance with Virtus Law LLP, has collaborated with Singapore’s Infocomm Media Development Authority (IMDA) to release an article, TradeTrust-enabled Electronic Bills of Lading – A legal and practical analysis of their use in global trade.
An international consortium comprised of industry and technical experts, backed by government bodies, businesses, and various organisations, has successfully completed a groundbreaking quantum-secure cross-border electronic trade document transaction. This achievement… read more →
Singapore has taken another step forward in being a regional leader in trade digitisation as they continue to develop programmes and initiatives to support this transition. The Infocomm Media Development… read more →
Presented by the Digital Standards Initiative (DSI) of the International Chamber of Commerce (ICC), TFG are delighted to announce a partnership with the Future Trade Forum, a global conference, technology… read more →
With the trade ecosystem increasingly shifting towards technological advancements, and a market saturated with options in which to digitise trade processes, it can be difficult to cut through the noise.
In most countries, small and medium enterprises are important contributors to economic welfare. This is the main reason why a digitalized trade system can open more opportunities to further SME growth.
World trade is central to economic growth and as we emerge from the pandemic, trade is paramount in enabling the global economy to recover. Is the time really now, for digitising trade, and how can advance the dialogue to reduce friction, costs and risk?
ICC, TFG and WTO are partnering at the 2021 Global Trade & Blockchain Forum, themed “Accelerating Trade Digitalization through DLT”.
The year 2020 has been unlike any other. The COVID-19 pandemic has shaken the world, causing massive supply chain disruptions and threatening the lives of millions of people around the… read more →
The age old problem of document digitization in trade has probably been around since goods were traded using stone tablets in the Mesopotamian era. So who’s making a dent using blockchain / distributed ledger technology? From the updated WTO / TFG periodic table of projects in trade, we reveal 12 projects tackling this head on.
Trade and trade finance remains siloed, age-old and complex. Many are using DLT and blockchain to progress towards their goals of a digitized industry. TFG & WTO recently published their periodic table of DLT projects in trade, and here are 9 marketplaces and other initiatives addressing various opportunities in truly digital trade.
Convening alongside the World Economic Forum Annual Meeting in Davos, the International Chamber of Commerce (ICC) has joined the Singapore Government and industry partners to accelerate the digitalisation of global… read more →
Kreuzlingen, Switzerland, November 2019 – The E-Invoicing Exchange Summit took place in Singapore on November 5 and 6, 2019. Almost 150 international experts, thought leaders and key decision-makers from 33 nations gathered… read more →