Freight forwarding, shipping and logistics are undergoing a digital makeover. Connecting the dots, enabling traceability and increasing transparency between parties is a win-win for all actors within global trade. So who’s doing what? As part of TFG & WTOs 2020 Blockchain for Trade study, 7 initiatives in this supply chain space have been mapped.
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.
The guide is aimed at Small and Medium sized Enterprises (SMEs) which are importing or exporting, both overseas and domestically.
Why are the technologies we use to promote cross border trade so SME unfriendly? TFG heard from Matthew Gamser, CEO, SME Finance Forum.
Contour has, today, announced its partnership with CargoX, a blockchain platform for transferring documents and data including a certified electronic bill of lading solution.
TFG’s Deepesh Patel caught up with FCI’s Chairman, Mr. Patrick de Villepin, and FCI Vice Chairman, Mrs. Daniela Bonzanini, on the critical role of Receivables finance industry in the recovery of global trade growth during this challenging period.
How can SME Climate Hub create an ecosystem to enable SMEs to leverage climate action as a powerful means of increasing their competitive advantage and help in accelerating the race to a net-zero future?
This is not the time to be imposing trade sanctions, it is the time to be lifting trade restrictions and easing tariffs on essential goods. – Simon Paris
As the resurgence of Covid-19 threatens public health, virtual shopping poses a lower health risk which is likely to appeal to customers.
