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.
Distributed Ledger Technology (DLT), colloquially termed ‘blockchain’ has been touted to disrupt trade and supply chain, as well it’s financing, for over 5 years. Following on from TFG, WTO and ICC’s ‘Periodic Table’ enlisting 39 projects in global trade utilising DLT, we’ve relaunched our table, indicating that the industry has considerably matured and evolved in less than 12 months.
As part of a wider strategic partnership with TXF, TFG are delighted to announce that we are supporting TXF Global Commodity Finance 2020, a 2 in 1 industry-leading event combining a physical and a virtual version.
Trade Finance Global (TFG), the leading trade finance fintech, has been selected to join the Mayor of London’s scaleup programme.
Banks and government bodies rally together to mitigate trade finance fraud with Trade Finance Registry
TFG will be hosting a Tradecast (webinar) on the 15th October, covering topics around MSME financial inclusion, the ever-increasing trade finance gap, and changing Global Value Chains (GVCs), featuring experts from ABSA, Mastercard, ICC and Asian Development Bank (ADB).
ITFA and TFG, today, launched their international trade finance guide, aimed at clarifying and defining standard definitions for trade finance products, as well as the risks, challenges and opportunities within trade finance.
The ICC’s Survey on Trade Finance reveals the industry-wide challenges and disruption as a result of the COVID-19 pandemic push trade and trade finance into a state of global uncertainty.
Trade Finance Global (TFG) and The London Institute of Banking & Finance (LIBF) today announce the 2020 winners for the International Trade Professionals Programme (ITPP).
TFG and BAFT’s recent Tradecast. The Distributed Ledger Payment Commitment (DLPC) is a potential solution allowing for digital representations of payment commitments on a distributed ledger.
Tradecast announced, June, 2nd 2020: Trade Finance Transactions Go Live – BAFT’s Digital Ledger Payment Commitment (DLPC)
As advocates of DLT in global trade and commerce, TFG are partnering with 101 Blockchains to promote the education of specific technologies that are currently available.
The Distributed Ledger Payment Commitment (DLPC) is a potential solution allowing for digital representations of payment commitments on a distributed ledger.
The ITPP will give international trade professionals the chance to write for TFG’s publications. The top 10 writers of the year’s cohort will also be enrolled onto a trade finance course, certified by LIBF.
The International Chamber of Commerce (ICC), International Trade & Forfaiting Association (ITFA) and BAFT today shared some of the ad hoc practices being implemented by FIs under the COVID-19 pandemic.