All global industries require standards. Remember what a huge step forward it was when the carrier industry agreed on the design for a shipping container. The same is true for electronic trade documents and their supporting systems.
Blockchain and the distributed ledger technology (DLT) behind it have huge potential to transform the administrative processes that eat up time and cause so much anxiety in international trade and shipping.
We spoke to Jacco de Jong, Managing Director, essDOCS Consulting about his history and career in trade finance, as well as his views on recent changes and the future of… read more →