By understanding how paper documents work, we explore whether trace:original by Enigio, is an alternative way of approaching digital trade.
WTO, TFG and ICC have today launched their latest publication ‘Accelerating trade digitalization to support MSME financing’
A three pillar approach to achieving a more sustainable and inclusive future for global trade
Data will be at the centre of a brave new world in trade finance – Natasha Condon, JP Morgan
Collaboration with the scientific community stands to fast track technology in insurance and surety. We should be doing more to build these bridges.
Digitalising these documents may seem like a bridge too far for some banks, but the risks of not investing in these technologies are comparatively greater.
Operations everywhere have been impacted by the pandemic, though the obstacles faced in collateral management remain particularly challenging.
Ziyang David Fan at World Economic Forum discusses how TradeTech can help build a resilience in global value chains (GVCs)
A documentary trade credit (DTC) is a trade finance substitute for a commercial bank documentary letter of credit. A DTC is issued and negotiated under the same UCP guidelines as a documentary letter of credit; except the funds supporting the instrument are available with a third party international escrow company instead of a commercial bank.
Covid-19 lockdowns have disrupted global supply chains across the board and placed the concepts of reshoring and resilience on every policymaker’s lips. A new report from Euler Hermes examines how the pandemic could push manufacturers to rethink their supply chain strategies.
A commentary and foreword by ICC’s Secretary General John W.H. Denton AO and WTO’s Deputy Director-General Xiaozhun Yi, following the launch of WTO and TFG’s 2020 Blockchain for Trade publication.
Hong Kong, China. Trade Finance Global (TFG) and World Trade Organization (WTO) have today launched their updated Periodic Table of DLT Projects in Trade, at the Hong Kong Fintech Festival.
A recent 2020 study and supplementary Covid-19 survey by TFG and WTO reveals the biggest challenges facing DLT trade-related firms when it comes to implementation of their solutions within corporates and banks.
This article features two hot Know Your Customer (KYC) projects which are currently being deployed to fight fraud, counter-terrorist financing and anti-money laundering, following the release of TFG and WTO’s recent publication on DLT in Trade.
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.