The United Nations Commission on International Trade Law (UNCITRAL) is developing a comprehensive international convention to standardise negotiable cargo documents across multiple transportation modes, potentially transforming international trade documentation practices.… read more →
Nowadays, we take shipping and container shipping’s rich history and significance in global trade for granted. The most counterintuitive learning for me at Global Shipping Business Network (GSBN) was that… read more →
Technology platform Chainlink, Microsoft Brazil, the Brazilian digital bank Banco Inter, and IT services company 7COMm are developing it. The pilot programme aims to demonstrate cross-border agricultural commodity transactions using… read more →
Read the Bahasa Indonesia version here With 64 million MSMEs, spanning from agriculture to essential services, these businesses constitute 60.5% of Indonesian GDP and employ 97.0% of the workforce. However, their… read more →
The initiative focuses on digitalising bills of exchange for working capital solutions. J.P. Morgan and Enigio are collaborating to modernise traditional trade finance processes supported by recent legal reforms, such… read more →
Distributed Ledger Technology, or DLT, has been all the rage in the banking industry for the past few years. After what felt like endless white papers and Proofs of Concept… read more →
The project was conducted with participating banks including Lloyds, Emirates NBD Bank, and Federal Bank Limited. It tested the transmission of electronic trade documents between Swift member banks and WaveBL’s… read more →
In fragmented markets, there is often a lack of real-time standardised data. In response, a group of eight leading financial institutions united on Chainlink’s platform, has launched an ambitious initiative to revolutionise corporate actions processing using artificial intelligence and blockchain technology.
In recent years, e-invoicing has transformed from a behind-the-scenes process into a cornerstone of tax compliance and business operations worldwide. Originally introduced in the early 2000s as a method for… read more →
ANZ, the Australian bank, has joined the Monetary Authority of Singapore’s (MAS) Project Guardian. Project Guardian is a collaborative initiative to explore the potential of tokenised real-world assets in financial markets.
